Canadian retailer Hudson's Bay has made an indicative offer for Metro's department store chain Kaufhof, two people told Reuters.» Read More
CNBC's Rick Santelli explains how investors will test the mettle of central planners and central bankers.
Banks are going to have a "pretty tough" time logging a 15th-straight quarter of higher year-over-year earnings, banking analyst Dick Bove tells CNBC.
Dick Bove, Rafferty Capital analyst, explains why the new banking regulation is a "turf war" between the Fed, which believes in the Basel III approach to capital, and the FDIC.
Discussing the coming stricter leverage rules, and the state of the housing industry, with Gordon Nixon, Royal Bank of Canada president & CEO. "It's not a bad thing," Nixon says.
The FDIC on Tuesday will propose a leverage rule requiring big banks to have common equity equal to at least 5 percent of their assets, sources tell CNBC.
Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.
The Royal Bank of Scotland (RBS), has launched a major inquiry into the way it lends money to small- and medium-sized businesses.
The universal banking model is under attack by regulators. Some new rules could potentially force Deutsche Bank to separate its investment banking activities from the business of taking consumer deposits and writing loans, the NYT reports.
A large number of corporations are starting to pay workers with pre-paid debut cards, which sometimes involve a fee. David Min, University of California Irvine, and Dan Mitchell, Cato Institute, discuss. "This is a vulnerable population, it's lightly regulated, and banks see an opportunity to make money off of these people," says Min.
With second-quarter bank earnings announcements looming, JPMorgan may be one to watch given the potential for stronger capital markets business, say analysts.
CNBC's Kayla Tausche has the latest details on new global banking regulations. The Fed is scheduled to raise the amount of capital big banks must hold.
Greece and its international lenders resume talks on Monday to unlock 8.1 billion euros ($10.5 billion) of rescue loans after a two-week break during which the government almost collapsed.
Kevin Holt, Invesco Comstock Fund, tells investors why big bank stocks could move higher in the next six months and why he is building positions in energy.
Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.
Chancellor Angela Merkel forcefully condemned on Friday the conduct of Irish bankers who were caught on tape joking about a bailout deal and mocking Germany.
The White House has assembled a short list of candidates to succeed Federal Reserve Bank chairman Ben Bernanke, and U.S. Treasury Secretary Jack Lew is running the search.
After a marathon meeting, EU finance ministers finally agreed to rules about what to do when a bank collapses.
Fees for mobile banking are set to become the norm. Banks are experimenting with ways to build charges into the apps' features, from deposits to bill paying.
The Federal Reserve may not be raising interest rates in the near term, but it wants to know how well prepared banks will be for higher rates if put to a round of stress tests.
As Taiwan and China develops closer economic ties, the banking sector is one if the major beneficiaries. CNBC's Emily Chan sat down with Victor Kung, president of Fubon Financial to discuss his strategy for China.
Beijing was pushed into launching the AIIB by U.S. refusal to give China more clout in existing institutions, Bernanke said. The FT reports.
Gerard Cassidy, MD & banking analyst at RBC, says the Bank Of America will benefit from the rise in short-term interest rates.
Bitcoin's technology could empower the existing financial world, not just disrupt banks out of existence—as some have foretold.