CNBC's Josh Lipton speaks to PayPal co-founder and serial entrepreneur Max Levchin, about his new lending service start-up Affirm, an alternative to banks for lending.» Read More
Sandy Weill, former chairman and CEO of Citigroup, also discussed why he would have "unbelievable confidence" in Larry Summers to head the Federal Reserve when Ben Bernanke leaves.
Laurie Glimcher, dean of Weill Cornell Medical College, and former Citi Chairman Sanford Weill discuss how breakthrough research is being funded largely by private money.
The cuts were necessary because higher interest rates have reduced demand for home loans, Bloomberg News is reporting.
Sanford Weill, former Chairman & CEO of Citigroup, discusses the impact of the Dodd-Frank Act on the banking industry and the need for more "transparency" in the financial sector, amid new regulations.
Bank account size now matters for Goldman Sachs employees, says an article in New York Magazine.
JPMorgan Chase plans to elect Linda Bammann and Michael Neal to its board of directors, and established a new role of Lead Independent Director.
Wall Street on Monday kicks off the roadshow for what could become the biggest corporate debt sale in history. The FT reports.
The ADP report added 176,000 private sector jobs in August. Investors await Friday's jobs report, with Edward Lazear, Stanford University professor. "While we're growing jobs, we're doing it just barely above the pace necessary to keep up with the population growth," he says.
Coase, who died at the age of 102 on Labor Day, was one of the most influential economic thinkers of the past 100 years. So what can we learn about the financial crisis from him?
Investors have three reasons to be bearish: interest rate volatility, ETF outflows and lower earnings estimates, a managing director at ConvergEx told CNBC Tuesday.
Standard & Poor's on Tuesday blasted a $5 billion fraud lawsuit by the U.S. government as retaliation for its 2011 decision to strip the country of its AAA credit rating.
In recent months, SAC's portfolio managers have been talking in earnest, both with management and among themselves, about how converting to a so-called family office would work.
Banks are making more of their car loans to subprime borrowers as delinquencies fall and as auto manufacturers' finance subsidiaries draw more-reliable customers.
Bank of America launched on Tuesday an up to $1.5 billion share offering in China Construction Bank, in a bid to shore up its own balance sheet.
The Seychelles islands in the Indian Ocean, better known for their pristine beaches and crystal clear waters, are the most indebted nation in the world, according to a new report released on Monday.
Banks are increasingly rolling out new fees for what was once at the core of the banking experience: interacting with a teller.
As more people bank online, banks have been experimenting with charges for "premium services," which now include seeing a bank teller, reports CNBC's Kayla Tausche. Neil Weinberg, American Banker editor-in-chief, provides perspective.
Want to do business at your bank in person? CNBC's Kayla Tausche reports it could cost you.
A former employee of Goldman Sachs Group was fined $500,000 for defrauding the investment bank in December 2007 by hiding trading positions, the U.S. derivatives regulator said on Friday.
Will next month's employment report determine the magnitude of the Fed's pullback in its bond-buying program? Krishna Memani, Oppenheimer Funds, and Michelle Girard, RBS senior economist, provide a preview of likely economic activity ahead.
A U.S. Court has ruled that Bank of America must pay the U.S. government $1.27 billion in a Countrywide "hustle" fraud.
CNBC's Josh Lipton speaks to PayPal co-founder and serial entrepreneur Max Levchin, about his new lending service start-up Affirm, an alternative to banks for lending.
Argentine banks are expected to offer to buy debt owned by holdout investors suing country in a bid to avert default.