Bank of America is having such a hard time finding a new CEO that some analysts are wondering if Ken Lewis might have to stay past his planned Dec. 31 departure.

Some of alleged swindler Allen Stanford's investors, including baseball star Johnny Damon, will see their funds returned after a U.S. appeals court ruled the receiver in the fraud case may not sue them.

Civil War is breaking out on the board of directors of Bank of America over the selection of a successor to CEO Ken Lewis, people close to the company say.

Recently released, the Global Financial Centres Index, which was created by the Z/Yen Group for the city of London, ranks 75 major financial centers in terms of their competitiveness on a global scale. Important factors to gauge a center's competitiveness include people, business environment, infrastructure, market access and general competitiveness, which includes measures such as occupancy costs, tax information and exchange agreements, for a total of 64 instrumental factors.

The global banking industry is a diverse landscape of financial services — consumer, corporate, investment — but with so many players in the marketplace, which are the best in each segment?

Nearly a year after the federal rescue of the nation’s biggest banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid, the New York Times reports.

In a global economy that has been plagued by troubles in the world’s financial systems, the words “safe” and “bank” are rarely put together. The shakeup of banking systems around the world raises the question: "Which banks are the safe banks?" This year's rankings are being published first on CNBC.com.

The Dow and S&P snapped their winning streaks Wednesday as disappointing earnings from two of Wall Street's biggest names overshadowed another round of earnings beats.

Stocks wobbled Wednesday as a slew of earnings beats, including one from Pfizer, were encouraging but disappointing reports from two of Wall Street's biggest names dragged on the market.

Stocks wobbled Wednesday as a slew of earnings beats, including one from Pfizer, were encouraging but disappointing reports from two of Wall Street's biggest names dragged on the market.

Futures indicated a lower open for Wall Street Wednesday as cautious words from Federal Reserve Chairman Ben Bernanke and Yahoo's missing revenue expectations lent to investors taking profits.

As Congress spent much of the last three months looking at ways to tighten regulations on financial institutions, some of the biggest bailout recipients increased their spending on influencing legislators.

The Dow fell for a fourth straight day Wednesday after the Fed said it expected to keep interest rates exceptionally low for an extended period.

Stocks bounded higher Wednesday, with the Dow up about 1 percent, as investors cheered the better-than-expected jump in durable-goods orders and shrugged off a weak new-home-sales report.

Futures jumped Wednesday after a better-than-expected rise in durable-goods orders.