Barclays' CEO told CNBC the bank has a strong defense to allegations it used its private trading system to benefit high-speed traders.» Read More
Three years after Dodd-Frank was passed, the alphabet soup of banking regulators collaborating to write some 400 new industry rules are just 39 percent done.
Morgan Stanley, Goldman Sachs and JP Morgan have become major merchants of metals and energy. Now a Senate panel is going to investigate whether this is dangerous for the American economy.
Julius Baer adjusted net profit rose more than 25 percent in the first half, beating analyst estimates as increased client activity lifted operating income and gross margins.
The Fed is "reviewing" a landmark 2003 decision that first allowed regulated banks to trade in physical commodity markets, a move that may send new shockwaves through Wall Street.
General Electric posted a decline in profit and revenue on weakness in its finance unit, but its order book rose, sending shares up 2.4 percent in early trading.
As Wall Street’s sway in Washington appears to be eroding, big banks’ strong earnings could undercut their argument against new capital requirements.
Analysts at Citi on Friday released a note to warn of their "neutral" rating on top-performing banking stock, offering alternative investing advice and telling investors to stay away from the "love-in".
Morgan Stanley's Q2 may be marking a new era for the bank. CNBC's Mary Thompson reports the bank earned EPS of $0.45 ex-items on revenue of $8.3 billion.
Dissecting the latest action in the market with CNBC's Bob Pisani and Warren Meyers of DME Securities.
Tight loan underwriting is about halfway back to the "too liberal" standards before the Great Recession, BB&T Chairman and CEO Kelly King warns on CNBC.
Equity sales, underwriting and wealth management helped power Morgan Stanley to a 42 percent jump in second-quarter profit, the firm announced on Thursday.
JPMorgan Chase wants to settle accusations by the Federal Energy Regulatory Commission that it gleaned profits from power plants via “manipulative schemes.”
UnitedHealth reported quarterly earnings that surpassed analysts' expectations on Thursday.
American Express beat Wall Street earnings expectations for the second quarter, as the company's members spent more.
Bank of America reported a 70 percent jump in profits. CNBC's Kayla Tausche reports mortgage origination jumped 6 percent this quarter, which is better than its peers JPMorgan and Citigroup.
Bank of America, the second-biggest U.S. bank by assets, reported a better-than-expected 70 percent jump in second-quarter profit, helped partly by lower operating expenses.
Jeffery Harte, Sandler O'Neill, breaks down the big banks quarterly numbers and weighs in on what it indicates about the banking space.
Spend five minutes in Cuba, and it is obvious the country needs investment, but a large chunk of money will have to come from overseas—if the Cuban government allows it.
Wall Street's blowout quarter for big-bank earnings comes in the shadow of a daunting specter—An onslaught of potential Washington regulation that could put a major dent in profits.
"The upside really was in their investing in lending segment," explains Roger Freeman, Barclays analyst, with the play on the banking giant's second quarter numbers.