RBR Capital Advisors looks to expand stake in Credit Suisse to $1 billion, and spin off investment bank and asset management divisions. » Read More
Four of Europe and the U.S.'s biggest banks have joined forces to work on a digital-only cash system, which they hope to launch in two years' time.
Bankers returning from the beach may be dreaming of a pick-up in dealmaking activity, now that the uncertainty around the Brexit vote has disappeared.
The city has lost faith the UK will maintain full access to the European single market for goods and services.
Nearly 500 million people are living in countries with negative interest rates, which could fuel a return to a “cash-only” society, says S&P Global.
The City of London has relinquished hopes the U.K. will retain full access to the European single market for goods and services, the Financial Times reported on Thursday.
The CEO of BMPS, Fabrizio Viola, and the bank's former chairman, Alessandro Profumo, are under investigation, a source with knowledge of the matter said.
O'Shares Chairman Kevin O'Leary answers investor questions from Twitter. The "FMHR" traders weigh in.
Larry Glazer, Mayflower Advisors, and Chris Whalen, Kroll Bond Rating Agency, share their take on the financial sector.
Weakness is this key labor measure could spell trouble for corporate profits and economic growth, says Michael Farr.
The "FMHR" traders and Kevin O'Leary, O'Shares Investments Chairman, discuss the rally in financials and debate whether it's time for investors to dive in.
Wall Street likes tech, and that was the right call in the latest earnings season.
Jonathan Krinsky, MKM Partners Chief Market Technician, discusses the financial sector and highlights a few names to look for. The "FMHR" traders weigh in.
German reinsurer Munich Re said it was on track for its full-year earnings goal after net profit fell by less than expected in the second quarter.
CNBC's Bob Pisani looks at the day's market action.
JJ Kinahan, TD Ameritrade chief market strategist, discusses what retail investors are buying and selling.
The economy is at risk of becoming trapped in a phase of slow growth that points to the need for lower interest rates than expected, Powell says.
Banca Popolare di Milano posted a small rise in net profit in the first six months of the year, the Italian bank reported on Friday.
State-rescued Royal Bank of Scotland posts a massive £2.045 billion ($2.7 billion) loss for the first six months of 2016.
The actions announced by the Bank of England were slightly more aggressive than expected.
Frederic Oudea, the chief executive of Societe Generale, played down the tests' importance as the bank reported a rise in income.
The executive firings would add to Wells Fargo's existing struggle with scandal in its consumer banking business.
RBR Capital Advisors looks to build $1 billion stake in Credit Suisse, divide company into three divisions.
Wells Fargo is accused of forcing borrowers to buy unneeded auto insurance when they took out a car loan, N.Y. Times reports.