Cyber attacks have been allowed to happen because cybersecurity places the onus on consumers to protect themselves, according to the CEO of an anti-fraud fintech firm.
Breakingviews says Citigroup will be looking to deliver bigger payouts following dividend boost.
The next at least three years are going to be a period of catch up on bank payouts, said Tom Brown. Bill Smead called the news "very exciting."
The former CEO of Barclays has warned that banks could be faced with their own "Kodak moment" if they fail to keep up with the pace of rapidly developing fintech technologies.
The stress tests banks now have to undergo don't necessarily have to be so complicated, former FDIC chair Sheila Bair told CNBC on Thursday.
A plan that would remove limits of what banks can charge retailers won't make it to Congress.
CNBC's Ylan Mui talks to Senator Elizabeth Warren after pressing Treasury Secretary Steve Mnuchin on his stance on Glass–Steagall legislation.
More consumers are shifting online in pursuit of loans, and one of LendingTree's fastest-growing segments is small-business loans, CEO said.
A recent class-action lawsuit says that the number of unauthorized accounts may be bigger than initially thought.
A prankster posing as Barclays Chairman John McFarlane tricked CEO Jes Staley into responding.
California just awarded a $500 million deal to Wells Fargo, perhaps a sign the state is ready to bury the hatchet.
Trump said he is considering breaking up big banks, but a former Wells Fargo chairman and CEO said: "It would be a mistake."
The Fast Money Halftime Report traders react to the news that President Trump told Bloomberg he would actively seek to break up big banks in the US.
Wells Fargo CFO John Shrewsberry talks about the company's earnings and the fallout from the sales practice scandal.
The "Fast Money" traders look into the financial sector on Wednesday ahead of the earnings reports from multiple large banks.
"Wells Fargo has more work to do rebuilding trust with stakeholders and customers," CEO Timothy Sloan told CNBC.
A sales-oriented culture and a tendency to focus on effect rather than cause created the banking scandal engulfing Wells Fargo.
Rising interest rates reduce secular growth in the banking industry, Rafferty Capital Markets' Dick Bove said.
Since the Dodd-Frank banking law took effect in July 2010, lending to businesses and consumers has continued to hit new highs, data show.
Brian Moynihan identified areas where lending would expand if Washington rolls back regulations.