A number of tricks used by China's bankers will likely undercut any attempt to measure any change in lending stemming from the PBOC's rate cut.» Read More
The average "overdrafter" spends $225 in annual fees, according to the Consumer Financial Protection Bureau, reports CNBC's Kayla Tausche. Richard Hunt, Consumer Bankers Association, and Susan Weinstock, Pew Charitable Trusts, discuss.
The BOJ will consider taking further steps to curb any spike in bond yields when it debates policy on Tuesday, with the recent market turbulence threatening its stimulus plan.
Analysts are becoming divided on what to do with shares of Morgan Stanley after the stock's sharp run-up this year.
The hedge fund SAC Capital received between $2 billion and $3 billion in requests from investors for the return of capital last week, say people familiar with the matter.
Amid a government probe on insider trading that threatens potential criminal charges against founder Steve Cohen, SAC Capital underperformed the market last month.
Summer travelers are being bombarded with offers from travel insurance providers. Here's how to know when a policy makes sense for you.
Despite cooling of talks between Austria and Poland about a possible merger of their two stock exchanges, CEO of the Warsaw index has given his strongest hint yet that a deal is drawing closer.
Being designated "too big to fail" will bring new discipline to AIG, CEO Robert Benmosche told CNBC.
Investors looking for emerging market growth rates should look to the central United States, Meredith Whitney told CNBC.
Deutsche Bank's co-CEO Anshu Jain told CNBC he's cautiously optimistic about the health of the global economy but worries about regulatory 'balkanization.'
A day after a crucial deadline for withdrawals, traders and money managers are still waiting for details on how much capital the hedge fund has lost.
The Fed's tapering program and new regulations are two issues critical to the financial industry in the coming months, reports CNBC's Mary Thompson.
Paul Miller of FBR Capital Markets and Jason Goldberg of Barclays debate how banks will fare when the Fed begins to taper. They also weigh in on regulations' impact on growth.
Volatility calmed down Tuesday but brace yourself: Pros say bigger gyrations could be the norm for the next few weeks as investors watch what's going on in Washington and Europe.
JPMorgan Chase CEO Jamie Dimon fired back at a group of investors who last week proposed stripping him of his current role as chairman, calling the issue a "sideshow" for the bank and its investors.
According to a KBW report, automatic spending cuts could hit the bank stocks. Fred Cannon, Keefe, Bruyette & Woods, discusses what impact the sequester could have on financials.
The Wall Street compensation estimates New York State Comptroller Thomas DiNapoli issued on Tuesday are only the latest evidence in an inexorable move toward fewer jobs in the industry and – here's the surprise – higher average pay.
The FDIC said the banking industry's 2012 earnings were the second-highest on record, a sign that the industry is healing after the financial crisis.
JPMorgan Chase announced plans Tuesday to slash $1 billion in costs. The financial giant will also cut its staff by about 4,000 jobs this year, the company said.
A number of tricks used by China's bankers will likely undercut any attempt to measure any change in lending stemming from the PBOC's rate cut.
Credit Suisse has reached a confidential settlement with Assured Guaranty.
Banks are facing potentially heavy losses on an $850m loan made to two oil and gas companies, the FT reports.