The OPEC deal to curtail global oil production has become shrouded in doubt after Iraq posted record high export figures in December.
President-elect Donald Trump named Jay Clayton, the ultimate Wall Street legal insider, to run the financial watchdog.
Jay Clayton has specialized in public and private mergers and has an expertise in capital market offerings.
Anshu Jain, who was forced to step down from the top job at Deutsche Bank, will join the private trading firm as group president.
CNBC's Eamon Javers breaks down Deutche Bank and Credit Suisse settlements with the U.S. Department of Justice.
European markets closed around the flat line Friday as trading desks began to thin out in a shortened trading day for some major bourses.
Some of the names on the move ahead of the open.
Agreement in principle to pay U.S. authorities $2.48 billion to settle claims it misled investors in residential mortgage-backed securities.
Deutsche Bank has reached a $7.2 billion deal with U.S. authorities to settle allegations of the mis-selling of mortgage-backed securities.
Deutsche Bank said on Thursday that it had reached a settlement relating to the bank's issuance and underwriting of residential mortgages.
CNBC's Eamon Javers reports that the Department of Justice is suing Barclays to recover civil penalties from fraudulent activity.
These are the top picks of Causeway Capital Management's Sarah Ketterer and Needham Funds' Chris Retzler.
Bank said to be resisting the settlement from its sale of toxic mortgage securities in the run-up to the 2008 financial crisis.
Gold is out, but the best commodities trade of all is taking place in an obscure part of the market most investors have never heard about.
We take a look back at the predictions to see who picked the right stocks to profit from the election.
Ant Financial announced partnerships with European banks on Tuesday as it continues to expand in the region.
European markets closed higher with investors closely following developments in Italy and an OPEC deal.
The Royal Bank of Scotland (RBS) announced a revised capital plan on Wednesday.
HSBC and Standard Chartered are the most at risk of failing the BoE stress test due to an exposure to Chinese credit; RBC Capital analysts.
European stocks closed slightly higher Friday amid low liquidity as a result of a shortened session on Wall Street.