GO
Loading...

Financials

More

  • Dodd-Frank turns 3, but to-do list is still long Tuesday, 23 Jul 2013 | 10:47 AM ET
    Treasury Secretary Jack Lew

    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.

  • Senate to peek inside secretive bank commodity biz Monday, 22 Jul 2013 | 7:38 PM ET
    The Capitol Building in Washington D.C.

    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.

  • Could banks get banned from trading commodities? Friday, 19 Jul 2013 | 8:25 PM ET

    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.

  • GE profit, revenue drop on finance unit weakness Friday, 19 Jul 2013 | 12:15 PM ET
    A General Electric GEnx aircraft engine.

    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.

  • Big banks, flooded in profits, fear new safeguards Friday, 19 Jul 2013 | 6:14 AM ET

    As Wall Street’s sway in Washington appears to be eroding, big banks’ strong earnings could undercut their argument against new capital requirements.

  • Citi says shun this best-performing bank stock Friday, 19 Jul 2013 | 2:46 AM ET
    The Canary Wharf business district in London.

    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 big beat     Thursday, 18 Jul 2013 | 1:05 PM ET

    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.

  • Financials join the party     Thursday, 18 Jul 2013 | 1:01 PM ET

    Dissecting the latest action in the market with CNBC's Bob Pisani and Warren Meyers of DME Securities.

  • Tight lending may be getting too loose: BB&T CEO Thursday, 18 Jul 2013 | 7:25 AM ET

    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.

  • Morgan Stanley posts big profit, sets stock buyback Thursday, 18 Jul 2013 | 8:19 AM ET

    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 tries a fresh tactic: A push to settle Thursday, 18 Jul 2013 | 6:31 AM ET

    JPMorgan Chase wants to settle accusations by the Federal Energy Regulatory Commission that it gleaned profits from power plants via “manipulative schemes.”

  • UnitedHealth tops estimates, narrows outlook Thursday, 18 Jul 2013 | 6:44 AM ET

    UnitedHealth reported quarterly earnings that surpassed analysts' expectations on Thursday.

  • American Express earnings beat; revenue falls short Wednesday, 17 Jul 2013 | 6:01 PM ET

    American Express beat Wall Street earnings expectations for the second quarter, as the company's members spent more.

  • A beat for Bank of America     Wednesday, 17 Jul 2013 | 1:13 PM ET

    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 profit jumps on cost-cutting Wednesday, 17 Jul 2013 | 12:51 PM ET

    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.

  • Bank of America reports Q2 results     Wednesday, 17 Jul 2013 | 7:16 AM ET

    Jeffery Harte, Sandler O'Neill, breaks down the big banks quarterly numbers and weighs in on what it indicates about the banking space.

  • Want to invest in Cuba? Be patient for a while Tuesday, 16 Jul 2013 | 7:00 AM ET
    Havana, Cuba

    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.

  • Enjoy it while it lasts: Bank earnings face trouble Tuesday, 16 Jul 2013 | 12:03 PM ET

    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.

Banks