Charles Schwab has lost a case against Morgan Stanley, accusing it of improperly recruiting brokers from a Schwab San Francisco branch.» Read More
Bank of America has asked the U.S. Attorney General to meet with its chief executive officer in an attempt to resolve differences over a mortgage settlement.
Renaud Laplanche, Lending Club founder & CEO, discusses his plans to disrupt the banking industry with his peer-to-peer lending platform. Laplanche says they are empowering people to lend and borrow money from each other without banks.
Adam Nash, Wealthfront CEO, explains the company's financial platform and shares three things millennial investors are looking for from a money manager.
JPMorgan was again ranked the top investment bank by revenue in the first quarter with $5.9 billion, according to a new survey.
SunTrust Banks has agreed to pay a $968 million mortgage origination settlement, reports CNBC's Scott Cohn.
Three major banks are below or almost at minimum capital thresholds expected to be included in a rule still being hammered out by U.S. regulators.
Discussing the move by Starbucks to offer free college tuition to employees and the student loan debt crisis in America, with Naomi Schaefer Riley, author of "Faculty Lounges," and Bill Zimmerman, author of "The Student Loan Swindle."
Irene Dormer, president and CEO of HSBC U.S. is retiring after 32 years at the bank, to be succeeded by Pat Burke.
The New York attorney general’s office is expected to announce that Capital One has agreed to change its use of the largest database, ChexSystems.
Half of the firms in the global asset management industry will be gone by 2030, consultants KPMG said in a report.
The Justice Department has asked Citigroup for over $10 billion to settle a mortgage-backed bonds investigation, according to Bloomberg.
South Korea's central bank held interest rates steady for a 13th consecutive month on Thursday.
CNBC's Mary Thompson speaks to Michael Carpenter, Ally CEO, about plans to improve Ally's profitability and how Eric Cantor's Virginia primary defeat will impact the business community.
Austria’s finance minister admitted he could not understand the reasoning behind Standard and Poor's' warning about the country’s banks.
The bank made its final multibillion-dollar settlement offer, but it was said to be short of what the Justice Department wants it to pay.
With the global markets on the run with better-than-expected news from China, the FMHR traders discuss if anything can derail this rally. Stephanie Link says you may not have a massive correction just a continual rotation.
Lloyds Banking Group priced its high-profile flotation of a quarter of its TSB division at 220-290 pence per share on Monday.
Dissecting the action in Citigroup and Goldman Sachs, and the outlook for other bank stocks, with the FMHR traders, and Mike Santoli, Yahoo! Finance senior columnist.
The "Squawk on the Street" new team discuss a report by The Wall Street Journal that Bank of America is in talks with the Justice Department to settle probes involving the handling of mortgages before the financial crisis.
A group of payday lenders filed a lawsuit against three U.S. banking regulators, saying a federal anti-fraud initiative unfairly targets them.
Jefferies is backing a former SAC executive despite its own struggle with insider trading at an internal hedge fund.
Municipal bonds will no longer be part of the easily sellable assets that banks can use to show they are able to survive a credit crunch.
Portugal's Espirito Santo family issued 5 billion euros of new debt in the first six months of 2014, just as the clan’s businesses were nearing bankruptcy.