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  • Five years after the housing bubble burst, roughly a million other U.S. homeowners trying to save their homes from foreclosure are stuck in the limbo, NBC News reports.

  • Banks Pay Big for Robo-Signing…Again Monday, 7 Jan 2013 | 12:34 PM ET
    Foreclosures Plunge, but New States Now Suffer

    Ten banks will pay $8.5 billion to borrowers for so-called "robo-signing."

  • Asia Closes Lower; Banking Stocks Support Monday, 7 Jan 2013 | 5:16 AM ET

    Asian stocks drifted on Monday as investors booked profits from a New Year rally that had pushed markets to multi-month highs, but financial stocks gained after global regulators decided to relax draft plans for tough new bank liquidity rules.

  • Top Picks in Hong Kong's Banking Sector   Wednesday, 2 Jan 2013 | 8:40 PM ET
    Top Picks in Hong Kong's Banking Sector

    Sharnie Wong, Asia Banks Analyst, Barclays explains why she is overweight on HSBC and Bank of China Hong Kong.

  • bharti.jpg

    Bharti Infratel, backed by billionaire Sunil Mittal, fell as much as 12.7 percent in its trading debut after raising about $760 million in India's biggest IPO in two years, weighed down by a cautious outlook for mobile tower operators.

  • Global investors are betting Washington will overcome its budget deadlock despite an apparently serious setback. Republican lawmakers rejected a proposal on Thursday by their leader, House of Representatives Speaker John Boehner, designed to extract concessions from President Barack Obama.

  • Asia Close Mostly Higher Despite 'Cliff' Woes Thursday, 20 Dec 2012 | 5:13 AM ET

    Asian shares closed mostly higher on Thursday, even though Japan was unable to gain momentum from further stimulus and despite investor worries about the looming "fiscal cliff" deadline, which risks the health of the world's largest economy.

  • HSBC - How Simple Became Complicated, and Costly Wednesday, 12 Dec 2012 | 10:15 PM ET
    HSBC.jpg

    HSBC takes its name from its roots as the Hongkong and Shanghai Banking Corporation, but there has long been a joke inside and outside the firm that the name stands for "How Simple Became Complicated".

  • Asian Shares Hits New Highs Ahead of Fed Move Wednesday, 12 Dec 2012 | 2:19 AM ET

    Asian shares rose on Wednesday buoyed by strength in global equities markets on hopes of a deal from the U.S. budget talks and expectations for more stimulus from the Federal Reserve when it ends its two-day policy meeting later in the day.

  • HSBC Became Bank to Drug Cartels, Pays Big for Lapses Tuesday, 11 Dec 2012 | 11:15 PM ET

    Mexican authorities told the CEO of HSBC's Mexico unit that a local drug lord referred to the bank as the "place to launder money," U.S. prosecutors said, as they announced a record $1.92 billion settlement with the British bank.

  • Dirty Money Crackdown   Tuesday, 11 Dec 2012 | 2:43 PM ET
    Dirty Money Crackdown

    Banking giant HSBC will pay $1.9 billion in penalties to settle money laundering allegations. CNBC's Scott Cohn has the latest details, with Lanny Breuer, Department of Justice.

  • Government Cashes Out AIG   Tuesday, 11 Dec 2012 | 1:55 PM ET
    Government Cashes Out AIG

    CNBC's Eamon Javers and John Carney discuss whether taxpayers really profited from the government's bailout of AIG and HSBC's $2 billion money-laundering fine.

  • Europe Shares Close Higher After Positive German Data Tuesday, 11 Dec 2012 | 11:39 AM ET

    European shares closed higher on Tuesday after a survey showed a sharp improvement in German investor and analyst sentiment.

  • Early Movers: DG, TD, PETM & More Tuesday, 11 Dec 2012 | 8:09 AM ET

    Some of the names on the move ahead of the open.

  • StanChart to Pay $327 Million in Sanctions Case Monday, 10 Dec 2012 | 6:29 PM ET
    Stanchart-entrance_200.jpg

    StanChart has agreed to pay $327 million to resolve allegations that it violated U.S. sanctions against Iran, Sudan and two other countries, capping months of legal headaches for the British bank.

  • Is China's Economy Now in a Sweet Spot? Sunday, 9 Dec 2012 | 2:52 AM ET
    china-factory-worker.jpg

    Growth in China's factory output and retail sales hit an eight-month high in November as consumer inflation bounced off 33-month lows in the latest sign that its economy is snapping out of a protracted slump.

  • Early Movers: MHP, ENB, COO & More Friday, 7 Dec 2012 | 7:59 AM ET

    Some of the names on the move ahead of the open.

  • PICC Debut Shines Through Hong Kong IPO Gloom Thursday, 6 Dec 2012 | 11:18 PM ET
    Hong Kong Stock Exchange

    Shares in Chinese state-owned insurer PICC Group surged in its Hong Kong trading debut on Friday, a lone bright spot in an otherwise dismal year for initial public offerings in the city and most other big regional markets.

  • Stocks Close Higher Ahead of Jobs Report, Led by Techs Thursday, 6 Dec 2012 | 6:04 PM ET

    Stocks posted a modest gain in thin, volatile trading Thursday ahead of the jobs report, while worries over the looming "fiscal cliff" continued to linger.

  • Futures Edge Lower Despite Jobless Claims Report Thursday, 6 Dec 2012 | 9:15 AM ET

    Futures turned slightly lower Thursday, despite a better-than-expected jobless claims report, as worries over the "fiscal cliff" lingered.