JPMorgan's tentative $13 billion mortgage settlement with federal and state regulators is a "terrible deal," former prosecutor and SEC lawyer Jacob Frenkel told CNBC.
Retail banks care becoming increasingly concerned about being left behind by trends in social networking and mobile computing, according to a survey of the industry.
Morgan Stanley reported a 50 percent rise in revenue as higher income from equities sales and trading made up for a drop in fixed income.
Former Wells Fargo boss Richard Kovacevich said Friday that he stands by the assertion he made last month on CNBC's "Squawk Box" that TARP ruined the banks.
Former Treasury Secretary Hank Paulson told CNBC he'd comment on JPMorgan's legal troubles, even though he shouldn't. Warren Buffett also weighed in.
The government standoff is different from the 2008 financial crisis because it is "self-inflicted," Hank Paulson told CNBC.
JPMorgan Chase shook off the "London Whale" scandal to take the top spot for investment banking fees, according to a report published on Wednesday.
An insider at JPMorgan has supplied information to the U.S. Justice Department related to the sale of mortgage securities, the WSJ reported.
Former Bear Stearns CEO Alan Schwartz told CNBC that the possible $11 billion number surrounding the JPMorgan mortgage settlement talks make no sense.
A year after his ouster, Bob Diamond tells CNBC he's bullish on Barclays.
"We've got these things that we actually are guilty of and we've got to fix them," the head of JPMorgan's board audit committee said.
Email conversations between brokers and traders show food, drink and even a Ferrari were offered as incentive for rates fixing.
JPMorgan's settlement has reached $389 million over its credit card practices, reports CNBC's Kayla Tausche.
JPMorgan agreed to pay $920 million in fines as part of the "London Whale" case, reports CNBC's Kayla Tausche. The bank is also under questioning for its hiring practices in China.
The big bank has agreed to pay $920 million in fines as part of the "London Whale" case, reports CNBC's Kayla Tausche.
Jimmy Dunne, Sandler O'Neill, and Stanley Druckenmiller, Duquesne Capital Management former chairman discuss how Sandler O'Neill was not only able to survive but thrive after the 9/11 tragedy. And Druckenmiller discusses the long-term consequences of the nation's enormous debt load on entitlement programs.
The Fed should taper its bond-buying program, but it's not as big a deal as investors think it is, Goldman chief Lloyd Blankfein tells CNBC.
In an wide-ranging exclusive interview, CNBC's Andrew Ross Sorkin talks with Lloyd Blankfein, Goldman Sachs chairman & CEO, about cuts in the Fed's bond-buying program; the move higher in interest rates; the trade in gold; the best candidate to head the Fed; joining the Dow, and how regulations are impacting the banking industry.
Foreign banks are pushing to raise billions of dollars from expatriate Indians in response to New Delhi's drive to defend its weak currency.
A lawyer for a former JPMorgan employee who worked with the "London Whale" wants prosecutors to drop criminal charges against Julien Grout.