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  • 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.

  • Ouch! BofA cutting 2,100 jobs: Report Tuesday, 10 Sep 2013 | 7:56 AM ET
    Bank of America in Times Square, New York.

    The cuts were necessary because higher interest rates have reduced demand for home loans, Bloomberg News is reporting.

  • Banks still don't know the rules: Weill     Tuesday, 10 Sep 2013 | 7:06 AM ET

    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.

  • Goldman divides employees into haves and have-nots Monday, 9 Sep 2013 | 12:43 PM ET

    Bank account size now matters for Goldman Sachs employees, says an article in New York Magazine.

  • JPMorgan plans to shake up its board of directors Monday, 9 Sep 2013 | 9:18 AM ET

    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.

  • Lazear reflects on financial crisis     Thursday, 5 Sep 2013 | 7:33 PM ET

    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.

  • Ronald Coase and the nature of shadow banking Wednesday, 4 Sep 2013 | 12:52 PM ET
    Ronald Coase

    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?

  • Expect a 'grinding, exhausting' move lower: Pro Tuesday, 3 Sep 2013 | 6:18 PM ET

    Investors have three reasons to be bearish: interest rate volatility, ETF outflows and lower earnings estimates, a managing director at ConvergEx told CNBC Tuesday.

  • S&P accuses US of 'retaliation' for taking AAA away Tuesday, 3 Sep 2013 | 5:08 PM ET

    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.

  • SAC Capital explores conversion into family office Tuesday, 3 Sep 2013 | 12:43 PM ET

    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.

  • Subprime deja vu: Car lending standards ease Tuesday, 3 Sep 2013 | 10:04 AM ET

    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 gets out of the China bank business Tuesday, 3 Sep 2013 | 7:01 AM ET
    Bank of America in Times Square, New York.

    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.

  • Tropical island paradise tops debt league Monday, 2 Sep 2013 | 7:03 AM ET

    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.

  • Wanna see a teller? Banks want you to pay for it Friday, 30 Aug 2013 | 4:12 PM ET

    Banks are increasingly rolling out new fees for what was once at the core of the banking experience: interacting with a teller.

  • Banks: Face time for a fee     Friday, 30 Aug 2013 | 1:43 PM ET

    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.

  • Bank customers face new teller fee     Friday, 30 Aug 2013 | 11:44 AM ET

    Want to do business at your bank in person? CNBC's Kayla Tausche reports it could cost you.

  • Ex-employee fined for defrauding Goldman Sachs Friday, 30 Aug 2013 | 11:20 AM ET

    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.

  • Taper is 'done deal' in September: Economist     Friday, 30 Aug 2013 | 6:32 AM ET

    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.

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