Oil prices fell as a rebounding dollar and Kuwait's stance that OPEC had no choice but to keep producing undercut the previous day's rally.» Read More
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
Some smaller regional lenders are seeing increasing commercial loan demand. Here are previews for the five largest U.S. regional banks by TheStreet.com.
Bank of America agreed to pay $165 million to resolve claims from the U.S. credit union regulator over purchases of mortgage-backed securities by corporate credit unions that have since failed.
Global markets took a roller-coaster ride after a European official's comments sparked fear that the new normal in Europe will be hitting up a bank's own customers in a bailout.
German markets watchdog Bafin is set to tell Deutsche Bank of "organizational flaws" in how it supervised its contribution to setting Libor rates, sources familiar with the investigation said.
Deutsche Bank cut its previously reported 2012 pretax profit by 600 million euros, hit by new charges related to mortgage-related lawsuits and other regulatory investigations.
Cyprus? Let us not protest too much, or pretend to be too shocked.
As the conclave to elect a new pope begins Tuesday, the specter of financial scandal presents a challenge for Pope Benedict's XVI's successor. The NYT reports.
Some of the names on the move ahead of the open.
Profits must come through public confidence, and public confidence is given to any merchant in proportion to the service which he gives to the public.
Here are five questions on the bank bonus cap: how it works, how you can avoid it, whether it will pass and what it means for Britain.
With buzz surrounding new hardware initiatives and a surging stock, Google appears to be trying to muscle its way onto turf traditionally dominated by Apple.
After several lackluster years, the $5 trillion foreign exchange market has bolted back to life with institutional investors leading the charge and banks standing to gain from the activity.
When Dish reports earnings the big question is how it'll make its year of investment pay off.
Criticized for letting Wall Street off the hook, the Justice Department is building a new model for prosecuting big banks.
Royal Bank of Scotland chairman Philip Hampton has defended the bonus due to be paid to chief executive Stephen Hester even though the British bank has been punished for rigging interest rates.
A new report by a non-profit government watchdog group says former SEC employees, hired away from the Commission by the private sector, "routinely" help their new employers to influence the agency and blunt SEC enforcement actions.
In total RBS, Barclays and UBS will pay nearly $3 billion in fines stemming from the multi-year practice of artificially suppressing these benchmark interest rates, a practice that spanned the financial crisis and beyond.
Board members at Monte dei Paschi are expected to say that Italy's third largest bank may have lost up to 1 billion euros on trades, higher than the initial estimate.
European banks are looking increasingly attractive, Dennis Gartman says.