Ken Corbin Named Acting Director of IRS Unit as Lerner Placed on Leave
Financials
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British regulators fined JPMorgan Chase $4.7 million on Thursday for failings in its wealth management division.
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AIG's former CEO argues that government misconduct cost AIG shareholders billions. If he's right, AIG should seriously consider joining Greenberg's lawsuit.
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Flowers Foods and Grupo Bimbo are circling Hostess assets, according to sources. As many as six separate, binding bids—so-called "stalking horse" bids—for various Hostess units could be announced by the end of this week, these people said.
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Former JPMorgan investment-banking chief James "Jes" Staley is joining BlueMountain Capital, the $12 billion hedge fund.
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Gold ended above $1,662 an ounce on Tuesday, helped by a recovery in stock markets and a rise in physical demand.
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Ten banks will pay a collective $8.5 billion to 3.8 million borrowers, reports CNBC's Diana Olick. Bill Frezza, Competitive Enterprise Institute, and CNBC's Steve Liesman, weigh in.
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If there were a banker version of sugarplums dancing in one's head, surely an easing of the liquidity coverage ratio would be it.
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Banks are sitting on large amounts of cash but how will they utilize it in 2013? Dan Ryan, PwC Fin. Services Regulatory Practice Chm; and Jason Goldberg, Barclays analyst, weigh in on whether investors can expect to see dividend hikes.
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Citigroup CEO Michael Corbat moved to solidify his management team on Monday, naming two veterans as co-presidents and several others to top positions within the bank.
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Bank of America reached a $10 billion settlement with Fannie Mae to resolve claims related to the sale and delivery of residential mortgage loans.
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Franco-Dutch carrier Air France-KLM is in "advanced" talks to take control of Italy's flagship airline Alitalia by the summer, Rome's Messaggero newspaper reported on Sunday without citing its sources.
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Global regulators gave banks four more years and greater flexibility on Sunday to build up cash buffers so they can use some of their reserves to help struggling economies grow.
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A $10 billion settlement to resolve claims of foreclosure abuses by major lenders is expected to be announced on Monday, sources said Sunday. The New York Times reports.
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Find out what Wall Street analysts had to say about bank stocks and retailers in this CNBC.com Stock Blog Roundup.
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Despite Goldman Sachs' CEO Lloyd Blankfein's endorsement of the "fiscal cliff" deal, CNBC's Mary Thompson reports Goldman acted alone among the big banks in speeding up pay for tax breaks. Andrew Stoltman, Stoltmann Law Offices partner and Josh Brown, Fusion Analytics, weigh in.
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A look at how today's jobs report might impact the Fed's next moves, with CNBC's Steve Liesman and the FMHR traders; and Goldman Sachs just added a big bank to its "conviction buy" list, with CNBC's Kayla Tausche.
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The U.S. securities regulator has decided not to take action against David Sokol, once considered a possible candidate for the top job at Warren Buffett's Berkshire Hathaway, Sokol's lawyer told Reuters.
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Spain's largest bank Santander will cut 3,000 jobs following its planned merger with its Banesto subsidiary, Cinco Dias reported on Friday, citing sources from unions and close to the bank.
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Wegelin, the oldest Swiss private bank, said on Thursday it would shut its doors permanently after more than 2 1/2 centuries, following its guilty plea to charges of helping wealthy Americans evade taxes through secret accounts.
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Bank financial reporting is so bad that banks are almost uninvestible. Can anything be done?
Banks
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From the FOMC Minutes, to an unexpected weak report on manufacturing in China, what has changed about investing strategy? CNBC's Maria Bartiromo shares her observation.
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Goldman Sachs raises its S&P year-end price target to 1,750 after its prior target is met. David Kostin, Goldman Sachs, explains.
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David Cote, Honeywell International and JPMorgan board member, and Robert Nardelli, Cerberus Capital, discuss lessons learned from the fight about splitting Jamie Dimon's role.