The SEC said it had charged Morgan Stanley with misleading investors about two mortgage-backed securities it issued before the 2008 financial crisis.» Read More
I think oil prices have been coming down because the U.S. has been so successful in generating new supplies, says Jim Tisch, CEO, sharing his thoughts on energy prices.
But, when the Fed unwinds its quantitative easing program, it will be "wind in the face" of the economy," says Jim Tisch, CEO, discussing the likely impact of tapering.
Marc Faber, The Gloom, Boom & Doom Report, explains why the thinks the Fed's quantitative easing program is permanent and is likely to increase.
Cyprus expects to lift almost all currency controls early next year, Finance Minister Harris Georgiades said on Monday.
A group of Wall Street banks fashioned a risk-manager's worst nightmare to determine how they would survive. Luckily, it was all pretend.
Retail banks care becoming increasingly concerned about being left behind by trends in social networking and mobile computing, according to a survey of the industry.
CNBC's Kayla Tausche reports JPMorgan has reached a tentative settlement with FHFA to pay about $4 billion in penalties due to claims the bank misled Fannie and Freddie over mortgages it sold them.
CNBC's Mary Thompson speaks with Morgan Stanley CEO James Gorman, who discusses cutting risk, increasing flow business and putting aside reserves for potential litigation.
The European Central Bank will announce new details on its banking union project next week. Alberto Gallo of RBS says this will boost transparency across European banks. Peter Sorrentino, Huntington Asset Advisors, shares his views on the outlook for big banks.
Brennan Hawken, UBS director of equity research, provides his take on Morgan Stanley's Q3 earnings and turnaround plan. And Hawken weighs in on the headwinds facing other fixed income companies.
Honeywell reported a 4 percent increase in quarterly profit on Friday, with its results undermined by lower defense and space sales.
Morgan Stanley reported a 50 percent rise in revenue as higher income from equities sales and trading made up for a drop in fixed income.
General Electric on Friday said third-quarter profit fell as revenue dropped in its power and water business, which makes a variety of turbines.
A unit of British bank HSBC was hit with a record $2.46 billion final judgment in a U.S. securities class action lawsuit on Thursday.
Roger Freeman, Barclays, and Anton Schutz, Mendon Capital Advisors provide insight on Goldman Sachs' Q3 earnings which beat estimates.
CNBC's Mary Thompson breaks down Goldman Sachs' conference call after revenue missed expectations.
Financial stocks are outperforming the market on strong earnings data from Bank of America and on optimism for a deal in Washington. The "Fast Money" traders react to Warren Buffett's positive comments on banks.
The CFTC has signed off on a $100 million settlement with JPMorgan over charges connected to the so-called London Whale trades.
CNBC's Rick Santelli discusses the latest action in the bond market, t-bills and says a default is "not the end of the world."
Bank of America beat Wall Street's third quarter expectations on Tuesday.
The SEC said it had charged Morgan Stanley with misleading investors about mortgage-backed securities it issued before the financial crisis.
BofA has agreed to pay $16.6 M to resolve allegations that it processed drug trafficker monies subject to sanctions.
Barclays filed a motion to throw out a lawsuit that alleged the bank lied to clients over its high-speed trading venue.