Banking giant HSBC was accused of racism this week after it moved to close the accounts of several Muslim organizations across the UK.» Read More
Why should JPMorgan put up $4 billion for Fannie and Freddie? CNBC's Larry Kudlow says this is some kind of "political payback." Joshua Rosner, Graham Fisher & Co.; Larry McDonald, Newedge; and Alan Dershowitz, Harvard law professor, weigh in.
Discussing JPMorgan's business practices and its potential settlement with the FHFA, with Joshua Rosner, Graham Fisher & Co., and Larry McDonald, Newedge.
JPMorgan appears to be days away from a settlement with federal prosecutors, reports CNBC's Kate Kelly. The latest agreement would be for a $13 billion payment.
Raoul Weil, a Swiss citizen and former executive at UBS, has been arrested in Italy and is wanted in the US for allegedly helping with tax dodges.
CNBC's Kate Kelly talks with Jamie Dimon, JPMorgan CEO, about the tentative $13 billion deal with the Justice Department in a settlement related to the sale of bad mortgages.
Marc Faber, The Gloom, Boom & Doom Report, shares his views on how inflation has impacted global wealth.
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.
Banking giant HSBC was accused of racism this week after it moved to close the accounts of several Muslim organizations across the UK.
CNBC takes a quick look at the dark pool trading platforms and why it's come under investigation.
A deposit outflow would reverse a five-year trend of large amounts of cash pouring into banks thanks to the Fed, the FT reports.