Sector: Financials

A small group of protesters showed outside Goldman Sach's annual shareholder meeting, while inside the CEO fielded questions on regulation, Europe, pay and JPMorgan's trading losses.

In the first quarter, the industry reported its highest quarterly earnings since the first half of 2007, but signs remain that it is having trouble fully recovering from the financial crisis.

The funding crisis for mainland Chinese property developers is intensifying, ratings agencies say, with real-estate builders facing spiking borrowing costs and a limited ability to raise cash at a time when sales and economic growth are slowing.

The head of the SEC told lawmakers on Tuesday that her agency is probing JPMorgan's financial reporting and emphasized that big banks are required to publicly disclose changes to the models they use to measure risk.

South Korea’s President Lee Myung-bak says Greece needs to accept the terms of a $130 billion international bailout agreed in March and there will be no disbursement of money from the International Monetary Fund (IMF), unless the country does so.

Following JPMorgan's multi-billion dollar trading loss, CEO Brian Moynihan says he is "very confident" with the composition of Bank of America's investment portfolio.

Months after the first invitations were mailed, only a small percentage of eligible borrowers have accepted a chance to have their foreclosure cases checked for errors and maybe win restitution. USA Today reports.

JPMorgan Chase is suspending its share buybacks as it licks its wounds from the aftermath of its $2 billion hedging loss, CEO Jamie Dimon said Monday.

Trans-Atlantic tension in JPMorgan Chase’s chief investment office in 2010 and 2011 contributed to the unit’s giant losing trades in 2012, current and former bankers said, The New York Times reports.

Jim Rogers, the chairman of Rogers Holdings, says he expects more turmoil in the global financial markets after Asian stock markets on Friday fell close to four-month lows.

JPMorgan CEO Jamie Dimon was called before the Senate banking panel on Thursday to testify on the bank's recent trading losses.

Hedge fund manager David Einhorn, whose investment picks are closely watched, raced through a list of the companies he likes and has concerns about including Apple and Martin Marietta Materials.

The JPMorgan Chase trading controversy comes at an inopportune time both for the bank and the industry as a whole, which needs to rethink they way it does business, analyst Meredith Whitney told CNBC.

Japan's big three banks reported robust earnings growth for the full year ended March 31, prompting one analyst to forecast huge gains for their stocks in the near-term.

Up to 20 of Europe’s top banks will on Wednesday discuss a plan to foil the dominance of the much criticized big three credit agencies at a private meeting of finance directors in Frankfurt. The FT reports.