LONDON— The European Investment Bank has agreed to provide extensive funding for a new wind farm off the northeast coast of Scotland. The bank said Wednesday it would allocate 525 million pounds for the facility to be built 14 kilometers off the Caithness coast near Wick, 1,070 kilometers north of London. The money would be used to build an 86- turbine wind farm... » Read More
Daniel Coleman, CEO of Knight Capital Group, provides his perspective on the broker-dealer industry and gives his take on managing a high-frequency trading operation.
Fewer sporting rivalries are more riveting than when the U.S. takes on Canada in hockey. The "Daily Show" took it a step further and pitted the two against each other in banking.
Are mergers & acquisitions ready to take off? Richard Hendrix, FBR & Co. chairman and CEO, explains why there will need to be different valuation and growth environments before private equity firms will get more aggressive.
Greg Gibbs, Senior Currency Strategist at RBS says that actions against rate rigging have been transforming the way the global banking giants think and act.
JPMorgan will slowly separate its PE business in advance of the Volcker Rule, reports CNBC's Kayla Tausche.
"Lightning doesn't strike the short trees," former analyst Jack Grubman tells CNBC in his first TV interview since his settlement with the SEC in 2003.
Gary Parr, Lazard vice chairman, explains why he is concerned about the fate of charitable giving.
Gary Parr, Lazard vice chairman, discusses how investor activism impacts corporate governance; and explains how regulations and stricter capital controls are impacting big banks.
All attention will be on JPMorgan Chase's Chairman and CEO Jamie Dimon as he takes the stage Tuesday morning during the bank's annual shareholder meeting in Tampa, Florida.
The financial services sector is disrupting the status quo, reports CNBC's Julia Boorstin. And, Andrew Rachleff, Wealthfront president & CEO, explains how his company can offer clients the same services as big banks but at a lower cost.
Aryeh Bourkoff, LionTree founder & CEO, discusses why there is an upswing in deal flow in the media sector, with CNBC's David Faber.
Scott Stanford, Sherpa co-founder, shares some of his biggest IPO successes, and reveals which startups he believes will become the household names of the future.
Frank Bisignano, the co-chief operating office is leaving the United States' largest bank, reports CNBC's Kayla Tausche.
CNBC's Mary Thompson talks with Gary Cohn, president & co-COO of Goldman Sachs, about the company's views on growth markets, China, euro zone troubles, and regulations.
Rainer Skierka, head of financials research at Sarasin, prefers UBS over Credit Suisse as most of the revenues for the latter bank come from investment banking which he sees as much more volatile.
Bank of America reported first-quarter earnings on Wednesday that fell short of Street's expectations, sending shares lower in pre-market trading.
Goldman Sachs reported first-quarter earnings on Wednesday that topped Wall Street's expectations, helped by higher revenue in its investment banking arm.
Citigroup complied with an order with the U.S. Federal Reserve to improve its anti-money laundering controls, after several units of the bank were subject to similar orders in 2012.
BofA Chief Executive Brian Moynihan will need to hold shares likely worth millions of dollars for at least a year after he retires, under a new compensation policy.
Bill Smith, CEO & Senior Portfolio Manager at SAM Advisors, reacts to the Fed's stress test on U.S. banks, and explains why banks will continue to be hobbled by stringent regulations.