Greece’s already-fragile banking sector has taken a hammering as fears of a debt default have hit lender’s stocks – and deposits.» Read More
The Federal Reserve's most recent stress test shows 29 out of 30 U.S. banks met their stress test capital requirements.
CNBC's Kayla Tausche reports 29 out of 30 banks that participated in the Federal Reserve's annual stress test met its requirements.
CNBC's Kayla Tausche reports Discover Financial proposed to increase its next quarterly dividend to $0.24 from $0.20.
The "Fast Money" traders weigh in on what's driving the turnaround in the markets. I think it's financials, says Josh Brown. Don't forget about big tech, says Jon Najarian, with a look at Hewlett-Packard, Intel and Microsoft, to name a few.
Banks will find out if the Fed thinks they can cope with the next financial crisis when it publishes the results of an annual health check.
U.S. securities regulators contacted public funds with investments in Russia to make sure they are managing risks and disclosing their holdings.
"Across the board this is the most trusted financial system in the world," says Thomas Donohue, U.S. Chamber of Commerce CEO & president, discussing the U.S. financial system and why he believes there is a misconception that capital markets are a burden.
JPMorgan Chase agreed to sell its physical commodities business to Mercuria, catapulting the Swiss firm into the top tier of commodities traders.
Stock market index provider MSCI said it would sell Institutional Shareholder Services to Vestar Capital Partners for $364 million in cash.
Regulators are conducting two investigations into GE's credit card business for potential violations of consumer finance laws.
Banks will face security fees for not updating Windows XP-run automated teller machines as Microsoft withdraws support for the software on April 8.
VEB needs to be recapitalized to fund housebuilding projects, Russian Prime Minister Dmitry Medvedev said, according to a news agency.
GE's North American credit card business filed for an initial public offering as part of GE's efforts to reduce exposure to its financial businesses.
Some government authorities question whether misdeeds are not just a few bad actors, but rather a flaw that runs through the banking industry.
The U.S. Senate approved Federal Reserve Governor Sarah Bloom Raskin to be the No. 2 official at the Treasury Department.
Every day, trillion of dollars are tied up due to our out-of-date banking system. CNBC's Steve Liesman discusses how the Fed has planned to address the problem and move to real-time payment.
The Labor Department proposed a new rule that would make it easier for 401(k) plan owners and their employers to determine fees and expenses.
Riccardo Barbieri, chief European economist at Mizuho International, says UniCredit could be vulnerable the turmoil in Ukraine, given its exposure to eastern europe.
The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.
CNBC's David Faber talks with Masayoshi Son, SoftBank chairman & CEO, about the wireless industry and the need for consolidation. The U.S. is the only market where the price is going up and the speed is going down, says Son.
Deutsche Bank has posted its fourth quarter earnings. Dirk Becker, deputy head of German research at Kepler Cheuvreux, says the bank did "incredibly well."
As SEB posts its Q4 earnings, CFO Jan Erik Back says that despite them being below forecast, he's pleased with the "strong result."
Two of the world's leading investment banks are looking at a move into the fast expanding peer-to-peer lending sector. The Financial Times reports.