GO
Loading...

Financials

More

  • Banks brace for new regulations     Monday, 19 Aug 2013 | 3:36 PM ET

    President Obama would like to speed the process of the Dodd-Frank bill. Elliot Weissbluth, CEO & founder of HighTower, breaks down what this may mean for banks.

  • Why UK banks may be fighting the ‘last war’ Monday, 19 Aug 2013 | 8:03 AM ET
    City of London

    All five of the U.K.'s biggest banks posted profits for the first half of 2013, but a report on Monday warned that banks and regulators may be too focused on combating the wrongs of the past to take heed of future threats.

  • The Bitcoin crackdown     Tuesday, 13 Aug 2013 | 4:32 PM ET

    Bitcoin is a virtual currency getting a lot of attention by the real world. Coinsetter is a company dedicated to making Bitcoin safe to use. Jaron Lukasiewicz, Coinsetter CEO, shares what the industry has to say. And Benjamin Lawsky, superintendent of NY Department of Financial Services, shares the regulators' side of the story.

  • Financials the place to be: Bove     Tuesday, 13 Aug 2013 | 10:30 AM ET

    Financial stocks are about to overtake tech stocks as the most weighted sector on the S&P 500. Is it time to buy or sell bank stocks? "Banks are earning more money now than ever before," says Dick Bove of Rafferty Capital.

  • Evans' Eye on financials     Monday, 12 Aug 2013 | 9:45 AM ET

    CNBC's Kelly Evans shares her thoughts on the comeback in the financial sector at Post 9 from the floor of the NYSE.

  • Ally to sell new stock to meet Fed requirements Friday, 16 Aug 2013 | 1:11 PM ET

    Ally Financial is in discussions with investors to raise capital that would help the once-troubled lender clear the Federal Reserve's capital bar, said sources.

  • Bharara Q&A on 'Whale' charges     Wednesday, 14 Aug 2013 | 2:25 PM ET

    U.S. Attorney Preet Bharara answers questions in regards to the charges to the ex-JPMorgan traders in connection with the "London Whale" case.

  • Bharara states charges to ex-JPM traders     Wednesday, 14 Aug 2013 | 2:03 PM ET

    U.S. Attorney Preet Bharara addresses the charges for two former JPMorgan employees in regards to the $6 billion "London Whale" case. "This was a perfect storm of misbehavior and inadequate internal controls," he says.

  • As bears growl, fund manager optimism shoots up Tuesday, 13 Aug 2013 | 5:37 PM ET

    Global fund managers are more optimistic on the world economy, and optimism about the euro zone doubled in the last month to a nine-year high.

  • Fitch rings warning bell on Canadian banks Tuesday, 13 Aug 2013 | 3:24 PM ET
    A 'Danger' sign is displayed at a condominium construction site in downtown Vancouver, British Columbia, Canada.

    The housing boom in Canada has allowed banks to reduce capital held against mortgage losses. If home prices decline, some of the biggest banks may feel the pinch.

  • These two banks will rally 100%: Dick Bove Tuesday, 13 Aug 2013 | 11:45 AM ET

    Dick Bove, the bank analyst and vice president of equity research at Rafferty Capital, said investors should be buying financial stocks "very aggressively."

  • Is there plenty of upside momentum left? Anton Schutz, Mendon Capital Advisors & Burnham Asset Management, and Jeffery Harte, Sandler O'Neill, weigh in.

  • Financials near to regaining S&P 500's top spot Sunday, 11 Aug 2013 | 7:26 AM ET

    The financial sector stands within a whisker of recapturing the mantle as the $17 trillion U.S. stock market's heaviest hitter.

  • Banks cut 5,500 branches across Europe in 2012 Sunday, 11 Aug 2013 | 5:34 AM ET

    Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.

  • SAC to keep managing money during indictment Friday, 9 Aug 2013 | 8:05 AM ET

    Prosecutors and the investment firm SAC Capital agreed to a protective order that requires it to keep its money in its fund while operating under a criminal indictment.

  • Wells Fargo can be sued over mortgage modifications Friday, 9 Aug 2013 | 7:39 AM ET

    Wells Fargo must face lawsuits by homeowners who claim it refused to offer them mortgage modifications for which they had qualified, a federal appeals court ruled on Thursday.

  • Trader to face no charges in 'Whale' probe: Report Friday, 9 Aug 2013 | 6:49 AM ET

    The trader at the center of JPMorgan's $6.2 billion trading loss will not face U.S. charges related to the incident, a source familiar with the matter said on Thursday.

  • Cashin: Market rally could happen if ... Thursday, 8 Aug 2013 | 10:19 AM ET

    Bulls must maintain a key level of the S&P 500 if they hope for another surge, said Art Cashin, director of floor operations at UBS Financial Services.

  • JPMorgan facing criminal, civil mortgage probes Wednesday, 7 Aug 2013 | 5:29 PM ET

    JPMorgan, the biggest U.S. bank by assets, said it is being investigated by civil and criminal divisions of the Justice Department over offerings of mortgage-backed securities.

  • Echoes of Abacus in the case against Bank of America Wednesday, 7 Aug 2013 | 3:21 PM ET
    Fabrice Tourre

    The government's success in the trial of Fabrice Tourre may mean that Bank of America will have a tough time defending itself against new charges of fraud.

Banks