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
There were very good performances in asset management and investment banking, says Erik Oja, S&P Capital IQ, providing insight and reaction to JPMorgan's quarterly results.
JPMorgan reported an 8 percent drop in profit amid pullback in trading of bonds and currencies, but topped Wall Street estimates.
Eric Wasserstrom, SunTrust Robinson Humphrey, breaks down Citi's earnings and provides a preview of what he expects to see from JPMorgan and Goldman Sachs' results.
The comments came during a news conference in which authorities announced a $7 billion settlement against Citigroup.
David Hilder, Drexel-Hamilton banking analyst, breaks down Citi's Q2 results, and weighs in on its $7 billion settlement with the U.S. government over shoddy mortgage-back securities.
Citigroup will pay $7 billion to settle a U.S. Justice Department investigation into subprime mortgages.
Earnings from some of the biggest U.S. tech companies will be in the spotlight this week, giving investors a chance to evaluate the sector's health.
John Shrewsberry, Wells Fargo CFO, discusses the housing purchase market and how it impacts its mortgages business.
Though Wells Fargo's earnings only met expectations, Jim Cramer says there are several reasons to be bullish on the banking giant.
The more I look into Wells Fargo's quarter, the more I like it, says Anthony Polini, Raymond James, breaking down the big bank's quarterly numbers.
Wells Fargo posted quarterly earnings that met expectations Friday, while revenue exceeded Wall Street estimates.
A surge of Republican pressure is bringing the Fed's long-held independence into question again.
Senator Charles Schumer, (D-N.Y.), discusses housing for immigrants and if politics is getting in the way of passing bills in Washington before November elections.
Senator Charles Schumer, (D-N.Y.), weighs in on the political controversy over the Export-Import Bank. While many say the bank helps U.S. firms compete overseas, others say it's time to get rid of crony capitalism.
A hot market for initial public offerings and acquisitions is likely bolstering investor appetite for the sector.
Citigroup nears a potential $7 billion deal to settle a mortgage probe. Mike Mayo, CLSA bank analyst, thinks the company can handle the cost.
If there is any kind of loan growth bank stocks have a tailwind, says Thomas Digenan, UBS, revealing where he is placing his bets in the markets.
Russ Koesterich, Global Chief Investment Strategist at Blackrock, says the financial sector is still dealing with a "legacy of unfinished business from the financial crisis."
Barclays, trying to restore its reputation after a series of scandals, has created a Compliance Career Academy to improve staff training.
CNBC's Kayla Tausche previews bank earnings set to kick off next week.
Brazil is freeing up more than $20 billion in its banking system as its economy struggles to escape "stagflation". The FT reports.
"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.