CNBC's Kayla Tausche reports Wells Fargo is being sued for fraud and taking advantage of customers.» Read More
Moelis, an investment bank formed by former UBS bankers, filed with US regulators on to raise up to $100 million in an initial public offering.
Dick Bove, vice president of equity research at Rafferty Capital, provides his forecast for financial stocks.
A headache is growing for Citigroup as an affiliate involved in money transfers in Mexico has become ensnared in a criminal investigation.
The five chief executives running Wall Street's largest banks will rake in just 3 percent of what their peers at private equity firms stand to make from 2013.
Last June, an affiliate of the Chinese e-commerce giant Alibaba made an offer to its hundreds of millions of users: Give us your cash, and we will pay more than Chinese banks wil
Germany's central bank is keeping a keen eye on the country's shadow banking system and the threats posed by U.S-style money market funds.
Sen. Elizabeth Warren, (D-MA) asks Fed chair Janet Yellen what evidence she would need to see to declare "too big to fail" has ended.
Mike Ingram, market strategist at BGC Brokers, talks about the problems facing RBS and says "execution is key and it's going to take years."
Bitcoin exchange customers may have little chance of recovering their funds if they prove to be missing, according to legal and regulatory experts.
Beat Wittmann, CEO of TCMG Asset Management, discusses the financial sector in Europe and says he is "very bullish" on euro zone financials.
Gordon Nixon, Royal Bank of Canada president & CEO, discusses the state of banking and where he sees opportunity in the sector.
CNBC's Eamon Javers talks with House Intelligence Committee Chairman Mike Rogers about how hackers have tried to exploit any weakness in financial markets' computer networks.
A cybersecurity firm uncovers stolen credentials from some 360 million accounts that are available for sale on cyber black markets. CNBC's Eamon Javers reports.
Sen. Pat Toomey, (R-PA), discusses what Washington can do to help banks with compliance so they can lend more money to businesses and consumers.
Josh Reich, Simple CEO & co-Founder, discusses selling his online banking service to Spanish banker BBVA for $117 million in cash, and if there will be changes now that they are owned by a retail bank.
Credit Suisse sought to limit the fallout of a damning U.S. report, which accused it of helping customers evade taxes.
Eighteen brokerages agreed to end participating in analyst surveys as a result of a N.Y. investigation into the early release of analyst sentiment.
BofA said federal investigators are looking into whether the bank violated certain requirements of a government housing program.
CNBC's Kayla Tausche reports from JPMorgan's Investor Day where CEO Jamie Dimon will present to investors the state of the company's business, as well as its plans for layoffs.
JPMorgan is expected to announce a broad strategy regarding its retail branches, reports CNBC's Kayla Tausche. A look at the bank's agenda for its investor conference.
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.
The FMHR crew weighs in on whether now's the time to seek returns overseas. And Rich Pzena, Pzena Investment Management, shares his play on bank stocks as interest rates rise.
The lawsuit alleges that employees misused customers' confidential information, according to the paper.