A senior banker will next week begin an employment case against Goldman Sachs after alleging she was cheated out of millions of pounds. The FT reports.» Read More
CNBC's Dominic Chu and Scott Wapner, discuss the outlook for the banks and if financials are ready make a big move.
After Bank of America agreed to pay nearly $17 billion to the DOJ, CNBC's Larry Kudlow, and Andrew Stoltmann, Stoltmann Law Offices, debate former Wells Fargo CEO Dick Kovacevich's view that the government extorted Bank of America.
Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.
Bank of America agreed to pay $16.65 billion to end investigations into mortgage securities that it sold in the run-up to the financial crisis.
The long-anticipated settlement is expected to consist of a penalty of $9.6 billion and a package of consumer-relief measures valued at $7 billion.
Leaders are expected to agree that top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis.
How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much.
Fund managers may face tougher scrutiny by regulators than planned after their lobbying against a first proposal backfired, sources said.
Total household debt -- including mortgages, credit cards and other loans -- has risen by hundreds of billions in the past year. Here are some quick facts about debt in the USA.
Citigroup told the US appeals court that Argentina's banking license may be at risk as a result of the standoff between the country and hedge funds.
Anat Admati, Stanford Business School and author of "The Bankers New Clothes," outlines ways to fix the banking system.
Some investors are wondering whether it's time to invest in financial stocks. The answer depends on who you ask.
With U.S. bank profits hitting record highs, Michael Gayed, Beta Rotation Fund, and Brett King author of "Breaking Banks," have opposing views on whether now is the time to buy financials.
Fred Hochberg, Export-Import Bank of the United States chairman and president, discusses corruption allegations as the reauthorization of the institutions charter remains in questions.
The collapse of "repos" signaled the beginning of the financial crisis, and there's trouble brewing in the market again.
Discussing why bank stocks are not seeing more gains as profits hit record levels and how a European recession could impact financials, with David Katz, Matrix Asset Advisors CIO.
The "Squawk on the Street" team discusses how geopolitics is impacting global markets and earnings in the U.S.
CNBC's Rick Santelli, and James Bianco, Bianco Research president, discuss whether big geopolitical news coming out of Iraq and Ukraine should be big news for the market.
U.S. Senator Carl Levin is preparing a last push to bring Wall Street's big commodity traders to heel during his final months in office.
Bank of America's potential settlement with the DOJ has focused the spotlight on Justice Department official Tony West. CNBC's Kate Kelly reports he is a big fan of public service.
A senior banker will next week begin an employment case against Goldman Sachs after alleging she was cheated out of millions of pounds. The FT reports.
Commercial borrowers are using two or three percentage points more of their credit lines than they were a year ago.
The Fed may allow big banks to use some muni bonds to meet new liquidity rules that ensure they have enough cash during a credit crunch.