Bank of America said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately.» Read More
CNBC's Kate Kelly reports JPMorgan's Jamie Dimon met with Attorney General Eric Holder. They discussed a possible settlement of $11 billion.
JPMorgan Chase CEO Dimon arrived at the Department of Justice headquarters Thursday to meet face to face with Attorney General Eric Holder.
Barclays will stop offering wealth management services in about 130 countries by 2016 and cut jobs
JPMorgan Chase is in talks with government officials to settle federal and state mortgage probes for $11 billion.
OptionMonster's Jon Najarian points out what looks to be unusual activity in Stryker and Mako options ahead of their merger announcement.
Email conversations between brokers and traders show food, drink and even a Ferrari were offered as incentive for rates fixing.
ICAP, the world's largest interdealer broker, has been fined $87 million by regulators over its role in the Libor rate rigging scandal.
JPMorgan Chase is seeking a global settlement with U.S. government authorities over its mortgage practices in multiple jurisdictions.
JPMorgan Chase, is negotiating a multibillion-dollar settlement with state and federal agencies over the bank's sale of troubled mortgage securities to investors in the run-up to the financial crisis. The New York Times reports.
Settlement talks have resumed, but a US Attorney for the Eastern District of California spokesperson said there won't be an announcement today.
Morgan Stanley and Citigroup are among the strongest picks right now in the financial sector, CLSA bank analyst Mike Mayo says.
Building off August investigations, the U.S. Justice Department plans to sue JPMorgan Chase over mortgage bonds it sold before the financial crisis, reports Reuters.
JPMorgan says July and August saw a "greater than normal" drop off in trading volume. CNBC's Kayla Tausche reports bank analysts are sounding the alarm ahead of earnings.
Prudential Financial said U.S. regulators had voted to designate the company as systemically risky, bringing it under stricter regulatory oversight.
After traders at JPMorgan caused a multibillion-dollar loss, authorities imposed fines on the bank and shifted scrutiny of senior management.
The bank sent 60-day notices of displacement to 1,800 employees across the country, citing a slowdown in activity throughout 2012 and early 2013.
JPMorgan will settle with regulators for nearly $1 billion for the London Whale trading fiasco and other lapses, the Federal Reserve says.
Bob Steel, Deputy Mayor of New York City and former Wachovia CEO, discusses economic development in the Big Apple.
Jimmy Dunne, Sandler O'Neill, and Stanley Druckenmiller, Duquesne Capital Management former chairman discuss how Sandler O'Neill was not only able to survive but thrive after the 9/11 tragedy. And Druckenmiller discusses the long-term consequences of the nation's enormous debt load on entitlement programs.
In an wide-ranging exclusive interview, CNBC's Andrew Ross Sorkin talks with Lloyd Blankfein, Goldman Sachs chairman & CEO, about cuts in the Fed's bond-buying program; the move higher in interest rates; the trade in gold; the best candidate to head the Fed; joining the Dow, and how regulations are impacting the banking industry.
China's push to tighten control over Hong Kong's political process could turn out to be a very costly move for Beijing.
Bank of America said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately.
China's banks this week found themselves turning away would-be depositors as they scrambled to comply with new rules. The FT reports.