U.S. regulators are investigating a Goldman Sachs internship and perks allegedly offered by the bank, The Wall Street Journal reported.» Read More
Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, the company said.
Draghi said it would be "helpful for the overall stance of policy" if fiscal policy could play a greater role alongside the ECB's monetary policy.
CNBC's Eamon Javers reports all major banks have denied being impacted by cyberattacks and no service systems or networks were affected.
Bank of America asked a federal judge to throw out a verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit.
An influential U.S. financial services industry group is downplaying concerns about possible breaches at JPMorgan Chase and other banks.
CNBC's Carl Quintanilla reports the FBI is looking into a cyberattack at JPMorgan.
Charles Schwab has lost a case against Morgan Stanley, accusing it of improperly recruiting brokers from a Schwab San Francisco branch.
The rate of US credit card payments at least 90 days overdue fell to its lowest level in at least seven years, according to TransUnion.
Municipal bonds will no longer be part of the easily sellable assets that banks can use to show they are able to survive a credit crunch.
Discussing if financials are ready to take off, with CNBC market analyst Kenny Polcari, and Michael Block, Rhino Trading Partners.
Citigroup says it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the SEC, according to the WSJ.
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.
What is historically the worst month for stocks may turn out to be the third quarter's best month for traders.
Investors will get a little time to catch their breath after Friday's record-breaking Alibaba trading debut, but not too long.
U.S. regulators are investigating a Goldman Sachs internship and perks allegedly offered by the bank, The Wall Street Journal reported.