"Fast Money" traders discussed how to trade American Express earnings and whether any of its rivals might be a better play.» Read More
Michael Underhill, Capital Innovations CIO and Kenny Polcari, O'Neil Securities, discuss today's market selloff. Underhill says biotech is overvalued, utilities are undervalued and emerging markets are on sale.
A former Goldman Sachs trader who pleaded guilty to fraudulently building a futures trade should repay $118 million to his former employer, U.S. prosecutors said.
JP Morgan received 7 million pounds ($11 million) in fees for advising the Co-operative Bank on its takeover of the Britannia, one of its top executives told lawmakers.
CNBC's Seema Mody and Dominic Chu take a look at valuation levels in the tech and financial sectors.
Bank of America said it settled all claims with Freddie Mac arising from mortgages sold through the end of 2009.
Investors poured $31.6 billion into equity mutual funds and exchange-traded funds in November, data from TrimTabs Investment Research showed.
The amount of banking staff earning over 1 million euros ($1.36 million) soared last year in the United Kingdom, dwarfing that in other European Union member states.
The fallout from the subprime mortgage crisis continues to plague U.S. banks, according to Standard and Poor's.
The "Fast Money" traders discuss if the hot market rally will continue until the end of the year and what sectors are attractive. Weiss warns to stay away from commodities and housing.
Discussing the markets next move, with Jack Ablin, BMO Private Bank executive vice president & CIO, and Jeffrey Kleintop, LPL Financial chief market strategist. Kleintop says the great rotation into stocks has begun.
Discussing if and when a pullback will occur, with Steve Grasso, Stuart Frankel, and Jonathan Corpina, Meridian Equity Partners. The two look at the health and sustainability of the market rally. Grasso says he would be taking profits in retail stocks.
The $13 billion figure reached with the Justice Department may represent political theater as much as a real attempt to right wrongs. The NYT reports.
Discussing how to play financials when the taper actually happens, Thomas Digenan, UBS chief U.S. equity strategist, believes now is the time to take on more risk in equities.
Former Federal prosecutor Jacob Frenkel addresses why the DOJ and JPMorgan have to work out this deal, and shares his view of what happened. "The DOJ will not shut down the bank," he says.
CNBC's Kate Kelly breaks down the Justice Department's landmark settlement with JPMorgan.
JPMorgan Chase has agreed to pay $4.5 billion to settle claims by 21 major institutional investors who lost money on mortgage-backed securities.
Regulators are zeroing in on the mega-asset managers, which have largely been absent from the recession blame game—until now.
Influential CLSA analyst Mike Mayo has criticized Bank of America and its leadership for "unfocused strategy and muddled metrics."
Bank of America asks federal court to drop two government suits accusing it of defrauding investors during the financial crisis.
RSA Insurance said on Friday it had suspended the top executives of its Irish business while it investigates certain issues.
Commercial borrowers are using two or three percentage points more of their credit lines than they were a year ago.
The Fed may allow big banks to use some muni bonds to meet new liquidity rules that ensure they have enough cash during a credit crunch.
Eswar Prasad, senior professor of Trade Policy at Cornell University, says the Asian Infrastructure Investment Bank poses a "significant challenge" to the existing structure of global institutions.