How do you improve the culture of Wall Street? Personally punish the industry's bad apples, according to two longtime observers.» Read More
JPMorgan must face a class action lawsuit by investors who claimed the largest U.S. bank misled them about the safety of mortgage-backed securities.
Concerns about shadow banking in China are overblown, the chairman of China Investment Corporation told CNBC.
Lehman Brothers may be long dead, but its assets continue to be a lucrative investment for hedge funds.
As industries like technology, media and consulting compete for talent, Wall Street is struggling to hang on to young and restless analysts.
Lehman Brothers has sued Giants Stadium LLC to recover more than $100 million over interest-rate swaps canceled after the investment bank went under.
Where would we be without China? Many in the commodities industry have questioned. But it has particular resonance for gold. The FT reports.
One of the more entertaining sideshows of the recent criminal and civil cases against banks and bankers has been the raft of incriminating messages.
Markets are reacting to Larry Summers withdrawal from consideration to be the next Fed chief. Kenny Polcari, O'Neil Securities; David Balin, Citi Private Bank; and CNBC's Bob Pisani analyze the market's upward move.
CNBC's John Harwood reports the latest from the White House including President Obama's reaction to the Navy Yard shooting and 5 years passing since the collapse of Lehman Brothers.
CNBC's John Harwood reports the latest from the White House including President Obama's reaction to the Navy Yard shooting, Syria and the 5 years following the collapse of Lehman Brothers.
CNBC's Andrew Ross Sorkin takes a look at what one of Wall Street's most notable names is doing since his company's collapse five years ago.
Brad McMillan, chief investment officer at Commonwealth Financial Network, tells CNBC that the too big to fail problem of the crisis of 2008 has not been solved.
Marc Ostwald, strategist at Monument Securities, says that new regulations will not counter "too big to fail" banks.
Michel Barnier, EU commissioner for internal markets, tells CNBC that there's not much to celebrate five years on from Lehman.
Bob Diamond has joined a chorus of criticism over the lack of progress in ending banks' "too big to fail" status. The FT reports.
Andrew Ross Sorkin takes a look at where Lehman Brothers former CEO, Dick Fuld, is five years on.
Justin O'Brien, Professor & Director at the Center for Law, Markets & Regulation of the University of New South Wales, explains why banks these days are still too big to fail, too big to manage, and even too big to litigate.
Former Treasury Secretary Hank Paulson praised the Tarp program earlier today on CNBC. David Malpass, Encima Global; Douglas Holtz-Eakin, American Action Forum president; and John Tamny, Forbes opinions editor, discuss if Fed chair Ben Bernanke and the Tarp program saved the U.S economy.
As the anniversary of the Lehman Brothers collapse approaches, experts warn that risks of another financial crisis linger.
James Bianco, president of Bianco Research and Squawk's Steve Sedgwick debate whether the market is 'unfair' for retail investors.