Improvement in the economy and more lending will provide a noticeable boost for financials, a fund manager said.» Read More
A startup called Stratos has designed a single credit card for all your accounts, enabled to your smartphone using Bluetooth. Is it safe?
JPMorgan Chase will pay $50 million to compensate homeowners in bankruptcy over the use of robo-signing and other improper practices.
Warren Buffett's annual letter strongly criticized the financial industry, who took notice of his warnings, the NYT reports.
Genworth Financial said on Monday it has identified material weakness in its accounting.
Ukraine came under greater economic pressure after unexpectedly banning most currency trading and then abruptly reversing course.
Recent hits to American Express highlight its flaws, a market strategist said, but another pro sees opportunity in its struggles.
Stifel Financial's purchase of Sterne Agee is about becoming more relevant to clients, CEO Ron Kruszewski tells CNBC.
Stifel Financial announces the acquisition of Sterne Agee. Details, with CNBC's Dominic Chu.
There's a new mortgage crisis brewing — only this one is completely different than the one in 2008, says bank analyst Dick Bove.
Ocwen Financial said it would sell a portfolio of residential mortgage servicing rights worth $9.8 billion to Nationstar Mortgage Holdings.
Goldman Sachs has raised the top end of its estimate of "reasonably possible" legal losses to about $3 billion from $2.5 billion.
President Obama is pushing for a new rule that would require brokers to follow tighter standards when advising clients on retirement plans.
HSBC's shares fell over 4 percent after the bank reported that profits fell to a worse-than-expected $18.7 billion in 2014.
Citigroup cut CEO Corbat's pay by about 7 percent in 2014, a year in which the bank's profit nearly halved due to higher legal costs and a slump in bond trading.
Virtu Financial is taking steps to file a revised IPO prospectus after delaying a debut last year, Dow Jones reported.
Indonesia's central bank surprised markets by cutting its benchmark interest rate on Tuesday by 25 basis points.
The US market rally continued Friday as US stocks kept rising on European numbers and easing China regulations.
Carl Icahn thinks Apple is already worth over $1 trillion but others think it will take a while for the iPhone maker's stock value to get there.
Bank inquiries have become a “way of life” in the UK, S&P says, after British lawmakers said they planned to investigate HSBC over tax evasion claims.
The ECB's massive QE program may only be of small help to the euro zone's banks, but could boost other sectors like real estate.
Edmond de Rothschild Group, is about to issue a cease-and-desist order to the French financial adviser Rothschild & Cie.
A US judge decided not to require prison time for two former Credit Suisse Group AG bankers on charges of tax evasion.
Some big banks have discussed withholding campaign donations to Democrats in symbolic protest of Elizabeth Warren's calls for them to be broken up.