Barclays will cut about 230 jobs and exit cash equities in Asia, as part of a broader retrenchment, the FT reports.
CNBC contributors discuss who's selling and why, and what investors should be doing in this time of fear.
CEO Jamie Dimon's comments indicate there are conflicting macro-dynamics that could impact the bank's operations, says Eric Wasserstrom, MD and bank analyst at Guggenheim Securities.
In the current market environment, CLSA's Mike Mayo looks to the financials as pillars of strength.
The "Squawk Box" news team discusses JPMorgan's quarterly results which beat on earnings and revenue.
CNBC's Kayla Tausche provides a preview of big banks' quarterly numbers as the financial sector faces potential loan losses.
Kian Abouhossein, head of European banking research at JP Morgan, shares his concerns about the banking sector, but recommends the M&A space and investment banking as areas of earnings growth.
Barclays will announce investment banking job cuts across Asia next week, including closures in South Korea and Taiwan, sources said.
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year.
Joe Sullivan, Legg Mason Chairman & CEO, shares his thoughts on the direction of interest rates and the high-yield market.
Joe Sullivan, Legg Mason Chairman & CEO, shares his thoughts on how the Fed will likely proceed with rate hikes into next year and why investors should begin to position their portfolios now.
JPMorgan Chase, U.S. Bancorp and PNC joined Wells Fargo in raising the prime rate.
Ana Arsov, Moody's Investors Service, discusses how an interest rate hike by the Federal Reserve could impact the investment banking community.
Shauna Mei, founder and CEO of ASX-listed AHAlife, says the decision to list in Australia as opposed to Nasdaq, was based on a number of factors, including the company's relatively smaller size.
Chinese brokerages currently under scrutiny from the country's securities regulator are being investigated for suspected rule breaches.
Richard Titherington, CIO of emerging markets equity at JPMorgan Asset Management, says Chinese market regulators are always one step behind market developments.
China Haitong Securities is under investigation by the country's stock watchdog for alleged violation of securities regulations.
Deutsche Bank's new co-chief executive John Cryan doesn't understand how bonuses will make bank employees work harder, the FT reports.
Guotai Junan has not heard from CEO Yim Fung in nearly a week,
Colm Kelleher, Co-President of Institutional Securities at Morgan Stanley, discusses what's driving the frenetic pace of M&A activity and whether a bump up in rates will slow down deals. Also Kellehner weighs in on tax inversion and the outlook on U.S. markets.