GE picked Deutsche Bank to sell Italian lender GE Capital Interbanca as part of a strategic review to refocus its industrial base, sources said.» Read More
Morgan Stanley's fourth quarter profits fell 70 percent but still beat the Streets expectations. CNBC's Mary Thompson reports the banker had a strong performance in its investment management business.
Morgan Stanley reported a sharp fall in quarterly profit as the bank was hit by $1.2 billion in legal bills, but adjusted earnings beat market estimates.
David Buik, Market Commentator, Panmure Gordon & Co and Roger Nightingale Economist/Strategist, RDN Associates discuss the UK's Labour initiative to force bank branch sell-offs.
Discussing Citigroup's Q4 earnings miss, with Mike Mayo, CLSA research analyst. Mayo explains why he continues to recommend the stock.
CNBC's Kayla Tausche reveals why regulators have gone back to the drawing board on certain parts of the Volcker Rule, and what it means for the banks.
The Treasury Department said it plans to sell 410,000 shares in auto lender Ally Financial as part of its effort to unwind its financial bailout fund.
Former Congressman Barney Frank, looks back on Ben Bernanke's career as Fed chairman. Frank says Bernanke did an excellent job with QE and the notion that QE caused a wealth gap is wrong.
As CNBC turns 25 this year, CNBC's Michelle Caruso-Cabrera looks forward a quarter century to take a look at what China's economy will likely look like in the year 2039.
Thomas Curry, Comptroller of the Currency of the United States, talks about the financial industry's proposal to raise standards around how banks take risks. The measure would affect institutions with at least $50 billion in assets.
A provision prohibiting banks from keeping investments in CDOs backed by hybrid securities called trust preferreds ignited a controversy.
Citigroup delivered quarterly earnings and revenue that fell short of analysts' expectations on Thursday.
Discussing earnings and regulations for big banks, with Richard Bove, Rafferty Capital. Bank of America's beat-the-street earnings are certainly a comeback, says Bove.
Anton Schutz, Mendon Capital Advisors president & CIO, breaks down the strong earnings reports from the banking sector and tells which banks are the best buys for investors.
A judge rejected a conservative challenge to insurance subsidies available to people that declined to establish their own online marketplaces.
Erik Oja, S&P Capital IQ U.S. banks equity analyst, and Jason Goldberg, Barclays, managing director & senior equity analyst, break down Bank of America's 4Q earnings and discuss the big bank's upside potential.
Bank of America is on the rise after reporting stronger-than-expected earnings. CNBC's Kayla Tausche reports BofA is saving $1.5 billion a quarter on legal expenses and revenue rose across each business segment last quarter.
A U.S. Senate is set to grill regulators on plans to address the risks of banks' involvement in physical commodities markets.
James Martin appeared on “Shark Tank” twice and walked away twice. But like a lot of others who left without a deal, just showing up changed things.
Cheap valuations and solid management make the financials sector Bill Nygren's top pick.
The Mortgage Bankers Association lowered its 2014 forecast for originations by $57 billion. CNBC's Diana Olick looks into the year-over-year decline in mortgage lending rates.
Mohamed Rafique Merican, CFO of Maybank Group, says factors such as weaker commodity prices and the implementation of the goods and services tax will weigh on loan growth this year.
Nicholas Ferres, investment director of Global Asset Allocation at Eastspring Investments, attributes his bullish stance on Japan to factors such as corporate restructuring and valuation re-rating.
China is pulling out all the usual easing props to boost its slowing economy, but they don't seem to be working as well as they used to.