A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.» Read More
CNBC's Kayla Tausche reports from JPMorgan's Investor Day where CEO Jamie Dimon will present to investors the state of the company's business, as well as its plans for layoffs.
JPMorgan is expected to announce a broad strategy regarding its retail branches, reports CNBC's Kayla Tausche. A look at the bank's agenda for its investor conference.
Big banks may be gaining in their share of overall deposits, but they're not new customers. CNBC's Sharon Epperson reports on a new survey that finds about one in four big bank customers say they're considering switching banks in the coming year.
The world's top 20 economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney.
CNBC's Steve Liesman reports the Federal Reserve is due to release its 2008 transcripts surrounding the financial crisis.
Fannie Mae posted quarterly net income of $6.5 billion and will have repaid its full government bailout after paying its fourth-quarter dividend.
A Fed debate is growing over whether it should stand ready to raise rates to prick any asset bubbles that its regulatory tools might fail to address.
Former FDIC chair Sheila Bair nominates Warren Buffett, Steve Jobs and Yahoo's Marissa Mayer to CNBC's Top 25 Contender list for their focus on customer satisfaction.
Former FDIC chair Sheila Bair explains why more capital in the U.S banking system is a competitive strength for our economy.
CNBC's Kayla Tausche goes inside the world of investment banking and the struggles of Wall Street to retain top level talent. CNBC's David Faber provides insight.
Charles Leyland, Managing Director at Leyland Private Asset Management says despite Challenger Financial Group's strong result, there is still plenty of growth left in the stock.
The Obama administration made it easier on Friday for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging U.S. states that are experimenting with legalization of the drug.
Malpractice continues in the banking world and "bag eggs" remain, warned Bill Winters, former JPMorgan executive.
Regulators are actually increasing risk in the US banking system, says bank analyst Richard X. Bove.
The U.S. Senate Banking Committee said on Wednesday that it postponed Thursday's hearing with Federal Reserve Chair Janet Yellen.
"When a bank is truly failing we have to let it fail," says Former Wells Fargo CEO Dick Kovacevich, with Anat Admati, Stanford University professor of finance and economics, discussing the banking system and "too big to fail" banks. Admati warns banks are still a risk
New York's financial regulator said the explosive growth of non-bank mortgage servicers is a "troubling trend" that must be confronted.
Calling too-big-to-fail banks "the most critical issue facing our financial system," a top Federal Reserve official urged new laws to address the problem.
The Fed's Charles Plosser says it's always easier to lower interest rates to spur economic activity than to raise them to stop inflation.
Janet Yellen explains how the Fed will conduct its asset reduction program so as not to disturb the global economy.
Frederic Neumann, MD & Co-Head of Asian Economics Research at HSBC, says mainland banks have "very profitable lending operations" that will insulate them from the impact of a rate cut.
A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.
China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, said sources involved in policy-making.