GE picked Deutsche Bank to sell Italian lender GE Capital Interbanca as part of a strategic review to refocus its industrial base, sources said.» Read More
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.
Janet Yellen said higher interest rates could hit next year. CNBC's Dominic Chu and Seema Mody debate if financials or tech is the better sector play in a higher interest rate environment.
David Rubenstein, The Carlyle Group, shares his thoughts on proposed changes in the carried interest tax.
E*Trade Financial bid farewell to the baby who starred in the television commercials advertising its trading platform for the last seven years.
This is good news for American banks and borrowers, says Gov. Frank Keating, American Bankers Association president & CEO, sharing his thoughts on the results of the Fed's "stress test" on banks.
David Rubenstein, The Carlyle Group, shares his thoughts on investing in new technology and explains why his firm does not engage in venture capital projects.
I think three percent growth is not unrealistic this year, says David Rubenstein, The Carlyle Group, sharing his outlook on the U.S. economy and where he is seeing the best investment opportunities.
Financial stocks have room to double from current levels, Dick Bove said Thursday on CNBC.
Former House Financial Services Committee Chairman Barney Frank reacts to the Federal Reserve's annual bank stress tests. 29 out of 30 of the participating banks met its requirements.
Discussing the health of financial stocks after 29 out of 30 banks that participated in the Federal Reserve's annual stress test met its requirements, with the "Closing Bell" panel.
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.
Mohamed Rafique Merican, CFO of Maybank Group, says factors such as weaker commodity prices and the implementation of the goods and services tax will weigh on loan growth this year.
Nicholas Ferres, investment director of Global Asset Allocation at Eastspring Investments, attributes his bullish stance on Japan to factors such as corporate restructuring and valuation re-rating.
China is pulling out all the usual easing props to boost its slowing economy, but they don't seem to be working as well as they used to.