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  • US Bank Industry Earnings Highest Since 2006: FDIC Tuesday, 26 Feb 2013 | 11:11 AM ET

    The FDIC said the banking industry's 2012 earnings were the second-highest on record, a sign that the industry is healing after the financial crisis.

  • JPMorgan to Slash $1 Billion in Costs; Cut Staff Tuesday, 26 Feb 2013 | 3:51 PM ET

    JPMorgan Chase announced plans Tuesday to slash $1 billion in costs. The financial giant will also cut its staff by about 4,000 jobs this year, the company said.

  • China's Central Bank Drains Funds, Again Tuesday, 26 Feb 2013 | 3:10 AM ET
    People's Bank of China in Beijing, China

    China's money rates jumped on Tuesday after the central bank continued to drain funds from the market, sparking uncertainties about regulators' intentions toward the interbank market.

  • How Wells Fargo Stacks Up to Other Big Banks Monday, 25 Feb 2013 | 10:23 AM ET

    Wells Fargo's valuation to the consensus forward earnings estimate is only slightly above the rest of the "big four" U.S. banks, despite being the strongest and steadiest earner among the group for many years. TheStreet.com reports.

  • Knight Capital, which recently agreed to be bought for $1.4 billion by Getco Holding, plans to sell its credit-brokerage unit to Stifel Financial, a person familiar with the matter told Reuters.

  • Yen Slumps on Talk of ADB's Kuroda for BOJ Role Sunday, 24 Feb 2013 | 10:22 PM ET
    Haruhiko Kuroda

    Japan's government is likely to nominate Asian Development Bank President Haruhiko Kuroda, an advocate of aggressive monetary easing.

  • Madoff Indirect Investors Lose Court Appeal Friday, 22 Feb 2013 | 2:18 PM ET
    Bernard Madoff in 2009

    People who lost money by investing in funds that funneled their money to Bernard Madoff's Ponzi scheme are not entitled to recover for their losses in the manner that direct victims of the massive fraud can recover, a federal appeals court ruled on Friday.

  • Banks to Repay Fewer ECB Loans Than Expected Friday, 22 Feb 2013 | 11:18 AM ET
    The European Central Bank headquarters in Brussels.

    Banks around Europe will repay less than half the expected amount of the crisis loans they took from the European Central Bank a year ago, suggesting much of the euro zone financial system is still hooked on cheap ECB funds.

  • Citigroup Center

    Citigroup said on Thursday it has overhauled an executive pay plan that shareholders rejected last year as overly generous, revising it to tie bonus payments more closely to stock performance and profitability.

  • Reality Check Coming for the Euro: Pro Friday, 22 Feb 2013 | 5:47 AM ET

    Investors in the euro should tread with caution, Geoffrey Yu, FX strategist at UBS told CNBC on Friday, warning that concerns over political stability in some of the euro zone's biggest countries could send the currency sharply lower again.

  • EU Competition Commissioner Joaquin Almunia

    The European Commission suspects the existence of cartels involved in manipulating Libor and Euribor, the EU's antitrust chief said in a speech on Friday.

  • Italy Court OKs State Loans to World's Oldest Bank Friday, 22 Feb 2013 | 1:12 AM ET

    A court in Rome ruled on Thursday the Italian government's plan to lend 3.9 billion euros to troubled lender Banca Monte dei Paschi di Siena can go ahead. The Rome administrative court will make its decision public on Friday.

  • Aussie Central Bank More Upbeat, Boosts Markets Thursday, 21 Feb 2013 | 7:41 PM ET

    Australia's central bank governor said on Friday there is already a good deal of interest rate stimulus in the economy, but reiterated the bank could lower rates further if needed.

  • This banking stock has doubled this year and options traders are betting the momentum will continue.

  • After UBS, Focus Turns to These London Brokers Wednesday, 19 Dec 2012 | 9:23 AM ET

    The UBS Libor settlement swings the spotlight on to the role of interdealer brokers in the burgeoning scandal, alleging that employees at these institutions actively "colluded" with rate-fixing efforts.

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