A proposal to cleave the roles of chairman and CEO at banking giant JPMorgan Chase was defeated in a narrow shareholder vote on Tuesday.» Read More
What can small private banks do to win back trust in their concierge financial services? In Switzerland, banks are focusing on the country's political stability, strong currency, and selling their niche appeal through lavish dinners and exclusive access.
JPMorgan Chase was active along with other banks on Friday as traders bet that there is still more upside in the name.
Loading central banks with more tasks and pressing them to pursue more aggressive monetary policies could risk a round of competitive devaluations, European Central Bank policymaker Jens Weidmann said on Monday, citing pressure on the Bank of Japan.
The Bank of Japan is set on Tuesday to unveil its most determined effort yet to beat years of economic stagnation, but the big challenge will be how to impress markets already pricing in a doubling of its inflation target and further asset buying.
U.K. banks and other finance firms will shed another 18,000 jobs in the first quarter of 2013 after cutting 25,000 in the last quarter, according to a report by a business lobby group.
Green Dot is taking on big bank fees by allowing customers to voluntarily pay what they want each month, CEO Steven Streit told CNBC this week.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
If regional banks are improving, shouldn't results from First Horizon have been a little better?
Something interesting is happening: Individual stocks are moving on earnings without dramatically affecting their sectors.
Even as late as August 2007, Fed members were not convinced the U.S. was headed into a period of severe economic and financial distress.
Goldman Sachs awarded a dozen senior executives more than 700,000 restricted shares worth nearly $100 million as part of their 2012 bonus awards.
CNBC's Mary Thompson has the update on Morgan Stanley's solid earnings. And, Neil Weinberg, editor-in-chief at American Banker, discusses where he found weakness and strength in this week's bank earnings. "Interest rates are going to start going up and that will change the picture dramatically," said Weinberg.
CNBC's Bob Pisani reacts to Jeff Cox's piece on rotating out of bank stocks to industrials.
Investment bank Morgan Stanley swung to a profit in the fourth quarter, as earnings beat expectations on Friday.
The European Central Bank should keep monetary policy easy and perhaps try to lower borrowing costs further to help the euro zone's struggling economy, the head of the International Monetary Fund said on Thursday.
Whether it was stocks or bonds, trading revenues declined or stayed flat at major banks, which reported earnings this week.
Wells Fargo isn't overly exposed to the U.S. mortgage market and still has opportunities to grow that business, CEO John Stumpf told CNBC.
The firm never uses the word "trading" when talking about its earnings. Yet it derives about half of its income from things that many people would consider trading.
BlackRock CEO Larry Fink told told CNBC's "Closing Bell" Thursday that company's fourth-quarter earnings were helped by investors shifting money into exchange-traded funds.
American Express says its net income fell 47 percent in the fourth quarter, as it racked up hefty charges related to restructuring and other one-time expenses.
John Rogers, President and CEO of CFA talks the importance of creating a professional standard in the financial industry.
David Eaton, Vice President at Glass Lewis, says JP Morgan transformed the vote to split the bank's dual Chairman-CEO role from a corporate governance issue into a referendum on Jamie Dimon's leadership.
CNBC's Maria Bartiromo explains why she thinks the stock market's rally probably isn't over yet. (1:47)