Policymakers must ensure that creditors must be willing to let firms fail in order to restore discipline, a top Fed official said.» Read More
Chris Kotowski, Oppenheimer & Co. senior research analyst, and Anna Krayn, Moody's Analytics director, discuss Citigroup's failure to get the Fed's approval to raise dividend payments and increase stock buybacks.
The "Squawk on the Street" news team discuss the decision by the Fed to reject the plans of Citigroup to raise dividend payments and increase stock buybacks.
Marty Mosby, Guggenheim Partners analyst, provides perspective on the banking sector after Citigroup failed the Fed's stress test and was barred from raising its dividend and boosting its stock buybacks.
CNBC's Kayla Tausche has the details on the Fed blocking five banks from increasing their dividends or stock buyback programs.
The Fed announced Citi is one of five banks to fail its stress test. Anthony Polini, Raymond James analyst, discusses what the big bank can do now. This seems to be more of a bump in the road for Citi rather than a critical shortfall, says Polini.
Bank of America's ex-CEO Kenneth Lewis has settled a lawsuit accusing him of deceiving investors about one of his biggest acquisitions: Merrill Lynch.
Discussing the Fed's objections to Citigroup's capital planning process, and the condition of banks' revenues, with Robert Albertson, Sandler O'Neill & partners, and Moshe Orenbuch, Credit Suisse.
The Blackstone Group plans to reduce its ownership in SeaWorld to 25 percent. In December it was as high as 63 percent.
Shaking off the surprise at the departure of a longtime aide to JPMorgan CEO, the parlor game begins again: Who will succeed Jamie Dimon?
BlackRock's CEO warned top U.S. companies not to emphasize dividends or share buybacks if they come at the expense of future growth.
U.S. banks will tell shareholders how much they plan to pay out after the Fed unveils whether they can afford to and still weather the next crisis.
Britain will sell a further 7.5 percent stake in Lloyds Banking Group, worth about 4.2 billion pounds ($6.9 billion).
If Fannie and Freddie are allowed to die, it will crush home prices — and hurt the economy, says bank analyst Dick Bove.
One of the co-heads of JPMorgan's investment bank, Michael J. Cavanagh, plans to leave the firm. The NYT reports.
The SEC is looking into complex bond deals on Wall Street that may create new opportunities for fraud, The Wall Street Journal reported.
Morgan Stanley shareholders will find out this week whether the Fed will allow the bank to start returning capital to shareholders for the first time since the financial crisis.
Minneapolis Fed Bank President Narayana Kocherlakota has no plans to make a habit of saying "no," people familiar with his thinking say.
The California Department of Motor Vehicles has opened an investigation into a possible security breach of its credit card processing services, a spokesman for the agency said.
The Federal Reserve was not trying to signal a more restrictive policy stance when earlier this week it dropped a set of guideposts, a top Fed official said.
The Federal Reserve on Friday issued corrections to the closely watched annual bank stress tests results that were published a day earlier.
JPMorgan Chase's officials haven't done enough to show what the company is doing right, leading to shareholders disapproval.
U.S. legal authorities said they have the jurisdiction to go after some FIFA officials for corruption charges.
Policymakers must ensure that creditors must be willing to let firms fail in order to restore discipline, a top Fed official said.