Insiders are buying as bank stock prices sink 20 percent on average and most big banks trade at a discount to tangible book value.» Read More
Compliance pros are in demand, while teller headcount continues to shrink.
Bank of America, Citi Group and JPMorgan Chase are trimming jobs and branches.
Banks are raising red flags about energy loans on their books, but they may be unable to bring down the hammer on drillers.
Here's why new EU rate-swap rules are a concern for the US financial sector, explains Harvard Professor Hal Scott.
Global economy is on the brink of a recession, with central bank stimulus less forthcoming and growth weakened by China, Citigroup warns.
Banks are already drowning in liquidity, says Willem Buiter, Citigroup’s chief economist, when discussing the European Central Bank’s strategies.
The market is "adjusting" to a series of headwinds, rather than undergoing a fundamental shift, Citigroup CEO Michael Corbat says.
U.S. stock futures were lower this morning, after Wednesday's wild ride on Wall Street, which saw the Dow travel 1,000 points.
Michael Corbat, Citi CEO, weighs in on global markets, the U.S. economy, China's turmoil, the slump in oil prices and Citi's earnings.
U.S. oil futures recorded their worst settlement since May 2003, as a global supply glut bumped up against bearish financial news.
Is oil, or Fed fears responsible for big banks' stocks poor performance to start 2016?
A new Goldman Sachs report looks at how much the big banks are exposed to the oil crash.
"If corporations start to pull back ... we could slip into a recession," UBS' Art Cashin told CNBC.
Wall Street banks' earnings show a tougher environment for lenders in the mortgage market.
Bank of America reported a 9.8 percent rise in profit for the final quarter of the year, helped by lower expenses.
U.S. stock futures were sharply higher this morning, after Chinese stocks gained 3.2 percent overnight, on data that showed China's economy grew in-line with expectations.
Morgan Stanley reported a fourth-quarter profit, compared with a year-earlier loss, as its legal costs plunged and compensation expenses fell.
Wells Fargo posted mixed quarterly results, as profit slightly beat expectations but sales failed to top Wall Street's estimates.
Shares of Citigroup fall sharply despite a better-than-expected quarterly earnings beat.
Shares of the bank were lower despite reporting better-than-expected quarterly results in its latest earnings release.