Spain's Santander said it had named former CFO Jose Antonio Alvarez as chief executive officer to replace Javier Marin.» Read More
The Federal Energy Regulatory Commission said it has found cases where an affiliate of JPMorgan manipulated the electricity market. The two sides are reportedly in settlement talks.
JPMorgan is exiting physical commodities trading, the bank said in a surprise statement on Friday, as Wall Street's role in the trading of raw materials comes under unprecedented political and regulatory pressure.
The once-sleepy process of releasing economic data has quietly gotten a lot more complicated, and a lot more lucrative.
With the S&P 500 reaching new records and flirting with 1,700, data show it to be a broad-based move, with all 10 S&P sectors close to 52-week highs.
Nasdaq OMX Group reported a lower second-quarter profit, mainly due to acquisition costs related to the closing of two deals by the transatlantic exchange operator.
Three years after Dodd-Frank was passed, the alphabet soup of banking regulators collaborating to write some 400 new industry rules are just 39 percent done.
Morgan Stanley, Goldman Sachs and JP Morgan have become major merchants of metals and energy. Now a Senate panel is going to investigate whether this is dangerous for the American economy.
Julius Baer adjusted net profit rose more than 25 percent in the first half, beating analyst estimates as increased client activity lifted operating income and gross margins.
The Fed is "reviewing" a landmark 2003 decision that first allowed regulated banks to trade in physical commodity markets, a move that may send new shockwaves through Wall Street.
General Electric posted a decline in profit and revenue on weakness in its finance unit, but its order book rose, sending shares up 2.4 percent in early trading.
As Wall Street’s sway in Washington appears to be eroding, big banks’ strong earnings could undercut their argument against new capital requirements.
Analysts at Citi on Friday released a note to warn of their "neutral" rating on top-performing banking stock, offering alternative investing advice and telling investors to stay away from the "love-in".
Morgan Stanley's Q2 may be marking a new era for the bank. CNBC's Mary Thompson reports the bank earned EPS of $0.45 ex-items on revenue of $8.3 billion.
Dissecting the latest action in the market with CNBC's Bob Pisani and Warren Meyers of DME Securities.
Tight loan underwriting is about halfway back to the "too liberal" standards before the Great Recession, BB&T Chairman and CEO Kelly King warns on CNBC.
Equity sales, underwriting and wealth management helped power Morgan Stanley to a 42 percent jump in second-quarter profit, the firm announced on Thursday.
JPMorgan Chase wants to settle accusations by the Federal Energy Regulatory Commission that it gleaned profits from power plants via “manipulative schemes.”
UnitedHealth reported quarterly earnings that surpassed analysts' expectations on Thursday.
American Express beat Wall Street earnings expectations for the second quarter, as the company's members spent more.
Bank of America reported a 70 percent jump in profits. CNBC's Kayla Tausche reports mortgage origination jumped 6 percent this quarter, which is better than its peers JPMorgan and Citigroup.
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.