The Federal Reserve has asked Credit Suisse to address problems relating to the bank's underwriting and sale of leveraged loans.» Read More
Jay Sidhu, Customers Bancorp chairman & CEO, explains why he thinks the U.S. economy is not likely to improve anytime soon, despite the Fed's bond-buying program and interest rate strategy.
The U.S. financial risk council said it has designated AIG and GE Capital as systemically risky, bringing them under stricter regulatory oversight.
The private banking sector is showing improving signs of life as new money flowing into the sector sees a significant rebound, with UBS once again taking the top spot in a global poll of wealth managers.
Wilbur Ross, the U.S. billionaire who has made 65 percent profit on his 2011 investment in a struggling Bank of Ireland (BOI), said he is likely to bid for financial assets in Spain.
Another major investor will be suing the government to protect its rights as a preferred shareholder in government-sponsored entities Fannie Mae and Freddie Mac.
Alan Gayle, Ridgeworth Capital Management; Michael Santoli, Yahoo! Finance; CNBC.com's Jeff Cox; and CNBC's Rick Santelli break down the markets after the closing bell.
CNBC's Rick Santelli explains how investors will test the mettle of central planners and central bankers.
Banks are going to have a "pretty tough" time logging a 15th-straight quarter of higher year-over-year earnings, banking analyst Dick Bove tells CNBC.
Dick Bove, Rafferty Capital analyst, explains why the new banking regulation is a "turf war" between the Fed, which believes in the Basel III approach to capital, and the FDIC.
Discussing the coming stricter leverage rules, and the state of the housing industry, with Gordon Nixon, Royal Bank of Canada president & CEO. "It's not a bad thing," Nixon says.
The FDIC on Tuesday will propose a leverage rule requiring big banks to have common equity equal to at least 5 percent of their assets, sources tell CNBC.
Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.
The Royal Bank of Scotland (RBS), has launched a major inquiry into the way it lends money to small- and medium-sized businesses.
The universal banking model is under attack by regulators. Some new rules could potentially force Deutsche Bank to separate its investment banking activities from the business of taking consumer deposits and writing loans, the NYT reports.
A large number of corporations are starting to pay workers with pre-paid debut cards, which sometimes involve a fee. David Min, University of California Irvine, and Dan Mitchell, Cato Institute, discuss. "This is a vulnerable population, it's lightly regulated, and banks see an opportunity to make money off of these people," says Min.
With second-quarter bank earnings announcements looming, JPMorgan may be one to watch given the potential for stronger capital markets business, say analysts.
CNBC's Kayla Tausche has the latest details on new global banking regulations. The Fed is scheduled to raise the amount of capital big banks must hold.
Greece and its international lenders resume talks on Monday to unlock 8.1 billion euros ($10.5 billion) of rescue loans after a two-week break during which the government almost collapsed.
Kevin Holt, Invesco Comstock Fund, tells investors why big bank stocks could move higher in the next six months and why he is building positions in energy.
Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.
A government index on domestic consumer prices unexpectedly declined for the first time in nearly 1-1/2 years due to a broad decline in energy prices.
The Federal Reserve has asked Credit Suisse to address problems relating to the bank's underwriting and sale of leveraged loans.
State Street has asked its foreign exchange trading chief to stay away from the office, Dow Jones reported, citing unnamed sources.