French bank Societe Generale reported a hike in its first-quarter net income thanks to a smaller hit from its struggling Russian unit.» Read More
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Every day, trillion of dollars are tied up due to our out-of-date banking system.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.
Rick Rieder, BlackRock CIO, discusses Fed policy and the state of the U.S. bond market. Rieder also shares what asset classes he likes best.
James Paulsen, Wells Capital Management, and David Blitzer, S&P 500 Index Committee chairman, share their thoughts on where stocks are likely headed from here. I think we are going to spend the year with a flat market and rising earnings, predicts Paulsen.
Marty Mosby, banking analyst at Guggenheim Partners, told CNBC on Friday that patient investors could be rewarded by putting money in these four stocks.
Credit card companies MasterCard and Visa said they had formed a new cross-industry group to enhance payment system security across networks.
Wall Street legend Art Cashin celebrates his birthday and explains why he thinks this morning's better-than-expected jobs report is a "Goldilocks number." He's intrigued that banking lending seems to be accelerating a little.
CNBC's Jim Cramer explains why the financial sector will likely benefit from today's better-than-expected jobs number
Marty Mosby, Guggenheim Partners analyst, provides his top banking plays, and weighs in on whether banks are still a buy after last year's rally and this morning's better-than-expected jobs number.
"Banks have been laggards that are now catching up," says Mike Mayo, CLSA research analyst, discussing valuations and breaking down the banking sector. Mayo also gives his best big bank play.
Despite litigation, JP Morgan is already delivering on a fundamental basis, says Jeff Harte, Sandler O'Neill, breaking down the performance of some big banks in the financials sector.
Fast Money trader Steve Grasso breaks down the divergence in the financial and energy sectors.
Credit ratings for European lenders could be slashed by one or two notches, a leading credit agency has warned.
French bank Societe Generale reported a hike in its first-quarter net income thanks to a smaller hit from its struggling Russian unit.
Stuart Leckie, chairman at Stirling Finance, explains why it is difficult to imagine HSBC relocating its headquarters back to Hong Kong.
Rich Pzena, Pzena Investment Management, weighs in on whether the bull run is over as rates rise on the 10-year. And the FMHR provide their play on bonds.