CNBC's Melissa Lee and the Options Action traders discuss the stocks they'll be watching next week. » Read More
The stunning move in Treasury yields to record lows signals panic and fear, but it's not necessarily coming from the United States.
Some of the names on the move ahead of the open.
Bank of America, Netflix and Intel are among the stocks making waves this Thursday morning.
Thirty U.S. banks pass regulatory exams; objections to European banks' U.S. units could be viewed as "serious" by investors.
Wall Street banks mostly fared well in the annual regulatory exams, which will benefit shareholders next.
Discussing the Federal Reserve stress test results with Jeffery Harte, Sandler O'Neill, and Anton Schutz, Mendon Capital.
The Fed rejected the plans put forward by the U.S. businesses of two European banks, Germany's Deutsche Bank and Spain's Santander. It was the third straight year that the Fed rejected the plan of Santander, which is one of the biggest banks in Europe, and the second straight rejection for Deutsche Bank. They include JPMorgan Chase& Co., Bank of America Corp.,...
Joo-Yung Lee, Fitch Ratings MD & Head of North American Financial Institutions, discusses the potential for restructuring costs and challenged earnings for U.S. banks ahead.
CNBC's Kayla Tausche provides a preview of the Federal Reserve stress tests.
WASHINGTON— The Supreme Court will consider whether the city of Miami can sue major banks over allegations they engaged in a decade-long pattern of discriminatory lending practices that harmed the city. The justice said Tuesday they will hear appeals from Wells Fargo and Bank of America arguing that the city is not authorized to sue under the Fair Housing Act.
WASHINGTON— The Supreme Court will hear an appeal from Visa and MasterCard seeking to throw out a lawsuit accusing the credit card companies of illegally fixing ATM prices. The justices on Tuesday agreed to review an appeals court ruling that said the antitrust case against the companies and three major banks could go forward. A group of consumers and...
Horizon Pharma has hired Bank of America to help it explore selling a significant equity stake to an investor that would bolster its balance sheet.
Top Manager Manager Finds Value Amid Sell-Off
Mike Mayo, CLSA Research analyst & managing director, shares his analysis on the pain in the banks after the United Kingdom voted to leave to European Union.
Wall Street is launching stand-alone financial advice services as smaller competitors target a key business.
NEW YORK— Britain's vote to leave the European Union last week sent shudders through financial markets, and understandably so. An estimated $2.08 trillion worth of wealth evaporated Friday from Hong Kong to London to New York as a result of the British vote. There are fears company investments in Britain and the EU will be put on hold, dampening those already...
Banks have already begun to take action to shift operations out of the UK, the Financial Times reports.
Dick Bove, Rafferty Capital, discusses the Brexit effect on the U.S. banking industry.
U.S. banks were getting clobbered after the United Kingdom voted in favor of leaving the European Union in an unprecedented vote.
NEW YORK— Stocks are plunging in the U.S. and worldwide Friday after Britain voted to leave the European Union. The result stunned investors, who reacted by rushing to the safety of gold and U.S. government bonds as they wondered what will come next for Britain, Europe and the global economy. U.S. stocks took far smaller losses than markets in Europe and Asia, but were...