Charles Schwab has lost a case against Morgan Stanley, accusing it of improperly recruiting brokers from a Schwab San Francisco branch.» Read More
U.S. authorities negotiating with BNP Paribas over alleged sanctions violations at one point suggested it pay a penalty as high as $16 billion.
There is something seriously wrong with bank regulation and litigation in the US today, says bank analyst Dick Bove.
Deutsche Bank priced its 8.5 billion euro capital hike at 22.50 euros per share on Thursday, higher than forecast.
An appeals court ruled Judge Jed Rakoff abused discretion in rejecting a settlement between the SEC and Citigroup over mortgage backed securities, reports CNBC's Scott Cohn.
Sallie Krawcheck, a former big bank executive, will start an index fund focused on companies with gender diversity. The NYT reports.
Stifel Financial said it would buy asset manager Legg Mason's investment advisory unit to expand its wealth management business.
Deutsche Bank will price its 8 billion euro capital hike on Wednesday at between 21 euros and 21.50 euros per share, sources told CNBC.
Star banker Paul Taubman is no longer a solo practitioner in providing advice to corporations, CNBC's David Faber reports.
Christopher Whalen, Kroll Bond Rating Agency senior managing director, weighs in on Bank of America's latest error where they accidentally inflated the size of its private trading platform. Whalen says much like Citigroup, it's time for a change in governance at BofA.
Just weeks after Bank of America revealed it made a mistake on its capital plan, the bank admits it accidentally inflated the size of its private trading platform, reports CNBC's Kayla Tausche.
FMHR trader Mike Murphy explains why he likes Bank of America. FMHR trader Pete Najarian likes Citigroup.
Goldman Sachs is planning to increase the size of its commercial bank and wealth management division as part of a quest for growth.
The world's biggest hedge funds are managing more money than ever before - even while the returns they provide look less attractive.
Federal Reserve Bank of Richmond President Jeffrey Lacker said he expects a positive GDP reversal in the second quarter.
Jim Cramer explains what to watch ahead of the open, including turnover at Goldman Sachs and Palo Alto Networks.
CNBC's Jeff Cox discusses bank earnings and trading problems at Wall Street banks.
The Obama administration is supporting big banks saying that the Supreme Court should not hear a case that would allow Madoff trustee, Irving Picard to seek billions in damages, reports CNBC's Scott Cohn.
Bank of America is resubmitting its capital plan to the Federal Reserve, a month after it discovered errors in its initial report and was forced to suspend a bigger dividend payout and a stock buyback.
The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus.
Venture capitalists poured more than $11 billion into software last year, more than into any other sector and about double the amount in 2010.
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.