Britain's Lloyds Banking Group confirmed on Friday that it was close to agreeing a settlement over allegations of manipulating benchmark interest rates.» Read More
Tom Naratil, UBS CFO, shares his thoughts on where his bank is finding value in global opportunities. The outlook for the U.S. is good, says Naratil.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
Wells Fargo held the top spot as world's most valuable banking brand, with a brand value of over $30 billion, according to a report on Monday.
The U.S. Justice Department is investigating financial funds that may have violated anti-bribery laws in their dealings with Libya.
Investors including U.S. hedge fund Elliott Associates have escalated a legal battle against members of Porsche's supervisory board.
Discussing emerging market volatility as the Fed tapers, and if now is the time to buy, with Candace Browning, BofA Merrill Lynch Global Research president.
Goldman Sachs stands accused of deliberately exploiting the sovereign wealth fund of Libya in order to make "substantial" profits, according to a legal filing.
"Too big to fail" banks—those that are so large that failure would be disastrous for their country's economy—still exist, according to RBS.
The U.S. government has asked a judge to order Bank of America to pay $2.1 billion.
Banks have begun selling bonds backed by foreclosed homes turned into rentals in the U.S., bringing calls for Congress to look into the deals.
The House of Representatives passed an controversial farm bill Wednesday that cuts spending by about $23 billion.
With the exception of Wall Street's biggest banks, the financial sector appears to be getting ready to add workers to payrolls.
January lived up to its reputation as being the leanest month Tuesday as several of London's major financial institutions announced swinging cutbacks.
Chinese investors face a potential high-profile default. CNBC's Eunice Yoon discusses China's emerging credit threat.
Federal prosecutors are scrutinizing whether banks have allowed businesses to siphon billions of dollars from consumers’ accounts.
The DoJ and the CFTC have both held investigations into whether BofA engaged in improper trading by doing its own futures trades ahead of executing large orders for clients.
No American financial institution is too large to indict and no bank executive immune from criminal prosecution, Attorney General Eric Holder said.
JPMorgan Chase’s board voted to give Jamie Dimon a new pay package worth about $20 million after his pay was cut in half last year, to $11.5 million.
CNBC's Rick Santelli and Frank Keating, American Bankers Association president & CEO, discuss the pros and cons of rising interest rates for banks and the future of community banks.
Due to financial regulations, big banks are changing their rule on "deposit advances," loans against upcoming paychecks. CNBC's Kayla Tausche reports on the policy shift.
"Ace" Greenberg, the Wall Street legend behind Bear Stearns' during its rise and collapse, is dead at 86. NYT reports.
A Citigroup unit will pay $5 million to settle charges that one of its trading venues failed to protect clients' trading data.
Britain's Lloyds Banking Group confirmed on Friday that it was close to agreeing a settlement over allegations of manipulating benchmark interest rates.