Where will investors focus once the Brexit shock really calms down, with Daniel Skelly, Morgan Stanley Wealth Management executive director & head of equity model portfolio solutions, and Michael Cuggino, Permanent Portfolio Funds president & portfolio manager. » Read More
A specific policy change from Washington would put this sector back on its feet. Here are the stocks that might benefit most.
Shares of PNC Financial are down sharply for a second day, and options trading indicates that there may be more downside ahead.
The Obama administration's announcement that it will begin a series of stress tests on Wednesday on the biggest financial institutions to determine their potential capital needs is already stoking great speculation about what criteria the government will be using.
The Dow closed higher as Wall Street bank executives squirmed before Congress over how they used $176 billion in bailout money.
Plus, the Mad Money host reacts to bank CEOs' congressional testimony.
The Treasury Department will soon release documents providing information about the lending activities of the biggest 20 financial firms receiving government aid under the controversial program.
Wall Street bank executives found themselves eating a little humble pie on Wednesday, after being called before Congress.
Bank CEOs who received federal bailout money will be grilled on Capitol Hill today about how they put their TARP money to use, and Barney Frank, chairman of the House Financial Services Committee, will be running the show. He told CNBC the past mistakes of the financial services industry must be avoided.
Overly negative investors will miss what opportunities this market has to offer. So consider the following list before completely giving up.
Stocks eked out a gain after a rough morning as banks got a boost from market chatter that the government may suspend a controversial accounting rule blamed for much of the contagion in the financial industry.
The new president's jab at Wall Street CEOs may have given their investors a hint of what's to come.
The gang go behind the headlines and give you their take on the banking sector, Amazon.com and more. Find out where they're making fast money.
The new president's plan to rescue the financials is great news. But investors shouldn't race to buy stock in the companies who have their hands out.
Word of a 'bad bank' plan sent Citigroup, Bank of American and other financials soaring. But could the euphoria be short lived?
Wall Street has chosen the highly volatile banking industry as its ticket to ride out the recession. Lately, bank stocks and the broader indexes have moved in unison.
Some of the most conservative companies we know stumbled, and took the market with them.
Anton Schutz thinks banks have been getting a bad rap. "We think that this group has been so battered, if you look at the technical indications, coming out of earnings reports every one of the last five quarters, you've seen this group bounce dramatically," the portfolio manager for Mendon Capital and Burnham Asset Management told CNBC.
Optimism may not be the order of the day, but neither is thoughtless pessimism.
As we prepare for US Treasury nominee Tim Geithner's confirmation hearings before the Senate Finance committee, we have already got a taste of what is to come, says Andrew Busch.
The ailing banking system is at the top of the Obama Administration's agenda Wednesday, after worries about the sector Tuesday handed the stock market its worse Inauguration Day losses ever.