A senior banker will next week begin an employment case against Goldman Sachs after alleging she was cheated out of millions of pounds. The FT reports.» Read More
Robert Diamond, former Barclays CEO, discusses lessons he learned from the Libor scandal, and explains what he means by his "no jerks rule." Diamond also shares his thoughts on regulations and why he thinks firms are still "too big to fail."
In 2011, debate raged in the markets over whether the Fed would embark on a third round of massive bond purchases. Pimco wasn't waiting to find out.
Harry Binswanger, Ayn Rand Institute, thinks the U.S. should be showering moral praise on bank CEOs and millionaires. Tamara Draut, Demos VP of policy and research thinks this is "absurd."
Attorney General Eric Holder and JPMorgan CEO Jamie Dimon met on Thursday to work out a solution to legal issues surrounding the bank's mortgage-backed securities. CNBC's Kate Kelly reports there was progress at this morning's meeting.
CNBC's Kate Kelly reports JPMorgan's Jamie Dimon met with Attorney General Eric Holder. They discussed a possible settlement of $11 billion.
JPMorgan Chase CEO Dimon arrived at the Department of Justice headquarters Thursday to meet face to face with Attorney General Eric Holder.
Barclays will stop offering wealth management services in about 130 countries by 2016 and cut jobs
JPMorgan Chase is in talks with government officials to settle federal and state mortgage probes for $11 billion.
OptionMonster's Jon Najarian points out what looks to be unusual activity in Stryker and Mako options ahead of their merger announcement.
Email conversations between brokers and traders show food, drink and even a Ferrari were offered as incentive for rates fixing.
ICAP, the world's largest interdealer broker, has been fined $87 million by regulators over its role in the Libor rate rigging scandal.
JPMorgan Chase is seeking a global settlement with U.S. government authorities over its mortgage practices in multiple jurisdictions.
JPMorgan Chase, is negotiating a multibillion-dollar settlement with state and federal agencies over the bank's sale of troubled mortgage securities to investors in the run-up to the financial crisis. The New York Times reports.
Settlement talks have resumed, but a US Attorney for the Eastern District of California spokesperson said there won't be an announcement today.
Morgan Stanley and Citigroup are among the strongest picks right now in the financial sector, CLSA bank analyst Mike Mayo says.
Building off August investigations, the U.S. Justice Department plans to sue JPMorgan Chase over mortgage bonds it sold before the financial crisis, reports Reuters.
JPMorgan says July and August saw a "greater than normal" drop off in trading volume. CNBC's Kayla Tausche reports bank analysts are sounding the alarm ahead of earnings.
Prudential Financial said U.S. regulators had voted to designate the company as systemically risky, bringing it under stricter regulatory oversight.
After traders at JPMorgan caused a multibillion-dollar loss, authorities imposed fines on the bank and shifted scrutiny of senior management.
The bank sent 60-day notices of displacement to 1,800 employees across the country, citing a slowdown in activity throughout 2012 and early 2013.
A senior banker will next week begin an employment case against Goldman Sachs after alleging she was cheated out of millions of pounds. The FT reports.
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.