Spain's Santander said it had named former CFO Jose Antonio Alvarez as chief executive officer to replace Javier Marin.» Read More
The housing boom in Canada has allowed banks to reduce capital held against mortgage losses. If home prices decline, some of the biggest banks may feel the pinch.
Dick Bove, the bank analyst and vice president of equity research at Rafferty Capital, said investors should be buying financial stocks "very aggressively."
Is there plenty of upside momentum left? Anton Schutz, Mendon Capital Advisors & Burnham Asset Management, and Jeffery Harte, Sandler O'Neill, weigh in.
The financial sector stands within a whisker of recapturing the mantle as the $17 trillion U.S. stock market's heaviest hitter.
Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.
Prosecutors and the investment firm SAC Capital agreed to a protective order that requires it to keep its money in its fund while operating under a criminal indictment.
Wells Fargo must face lawsuits by homeowners who claim it refused to offer them mortgage modifications for which they had qualified, a federal appeals court ruled on Thursday.
The trader at the center of JPMorgan's $6.2 billion trading loss will not face U.S. charges related to the incident, a source familiar with the matter said on Thursday.
Bulls must maintain a key level of the S&P 500 if they hope for another surge, said Art Cashin, director of floor operations at UBS Financial Services.
JPMorgan, the biggest U.S. bank by assets, said it is being investigated by civil and criminal divisions of the Justice Department over offerings of mortgage-backed securities.
The government's success in the trial of Fabrice Tourre may mean that Bank of America will have a tough time defending itself against new charges of fraud.
French bank Natixis posted second-quarter profit and revenue that beat estimates on Tuesday, after rival Credit Agricole reported results that also topped forecasts.
The CME Group paused trading in some Treasury contracts shortly before the jobs report on Friday after big orders hit the market.
AIG stock is surging in after-hours trading after the company announced it would resume paying a dividend and would start buying back stock.
Standard and Poor’s has been giving higher ratings than its big rivals to certain mortgage-backed securities, an analysis shows.
Fredrik Nerbrand, head of global asset allocation at HSBC, discusses the dichotomy between European regulators' push for "safer" banks, while also wanting them to lend more.
Barclays' cash call, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.
JPMorgan Chase agreed to pay $410 million in fines to the Federal Energy Regulatory Commission, reports CNBC's Kate Kelly.
Tom Naratil, UBS CFO, breaks down his company's second quarter results and shares the big bank's plans to buy back a fund set up to shed toxic assets.
Despite contracting for the eight consecutive quarter in the second quarter of 2013, Spain's economy was signaling that it could return to growth soon, analysts said.
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.