Spain's Santander said it had named former CFO Jose Antonio Alvarez as chief executive officer to replace Javier Marin.» Read More
Coase, who died at the age of 102 on Labor Day, was one of the most influential economic thinkers of the past 100 years. So what can we learn about the financial crisis from him?
Investors have three reasons to be bearish: interest rate volatility, ETF outflows and lower earnings estimates, a managing director at ConvergEx told CNBC Tuesday.
Standard & Poor's on Tuesday blasted a $5 billion fraud lawsuit by the U.S. government as retaliation for its 2011 decision to strip the country of its AAA credit rating.
In recent months, SAC's portfolio managers have been talking in earnest, both with management and among themselves, about how converting to a so-called family office would work.
Banks are making more of their car loans to subprime borrowers as delinquencies fall and as auto manufacturers' finance subsidiaries draw more-reliable customers.
Bank of America launched on Tuesday an up to $1.5 billion share offering in China Construction Bank, in a bid to shore up its own balance sheet.
The Seychelles islands in the Indian Ocean, better known for their pristine beaches and crystal clear waters, are the most indebted nation in the world, according to a new report released on Monday.
Banks are increasingly rolling out new fees for what was once at the core of the banking experience: interacting with a teller.
As more people bank online, banks have been experimenting with charges for "premium services," which now include seeing a bank teller, reports CNBC's Kayla Tausche. Neil Weinberg, American Banker editor-in-chief, provides perspective.
Want to do business at your bank in person? CNBC's Kayla Tausche reports it could cost you.
A former employee of Goldman Sachs Group was fined $500,000 for defrauding the investment bank in December 2007 by hiding trading positions, the U.S. derivatives regulator said on Friday.
Will next month's employment report determine the magnitude of the Fed's pullback in its bond-buying program? Krishna Memani, Oppenheimer Funds, and Michelle Girard, RBS senior economist, provide a preview of likely economic activity ahead.
Shares of TD rose today after reporting better than expected earnings. Ed Clark, CEO and president of TD Bank, discusses talks of merging branches to cut costs. "TD is putting a number of new branches in NYC, and we set a target by 2016 that we'll be the number 3 bank there" he says.
Royal Bank of Canada is up 1 percent today after increasing its dividend by 6 percent. CEO Gordon Nixon joins to discuss a successful Q3 and what is next for the Canadian bank.
The $60 trillion "shadow banking" sector has been given until 2015 to comply fully with its first set of global rules.
CNBC's Hampton Pearson has the latest numbers on bank earnings.
U.S. banks earned more from April through June than during any quarter on record, aided by a steep drop in losses from bad loans.
Blackstone Group agreed to pay $85 million to settle an investor class action lawsuit accusing it of not disclosing bad investments before its initial public offering.
Brazil raised its benchmark interest rate to a 16-month high of 9 percent on Wednesday, maintaining the pace of monetary tightening to fight inflation and rebuild investors' confidence in Latin America's largest economy.
As U.S. authorities are seeking over $6 billion in damages from JPMorgan, the "Squawk on the Street" team dissects the implications for America's largest bank.
U.S. regulators said that Wells Fargo needed to improve a crisis plan showing how it could be shut down calmly.
India's state-run banks face major obstacles in their plans to raise as much as $60 billion in new capital over the next few years.
China's central bank will wait until fourth-quarter economic data is out before considering any more rate cuts or easing.