UBS to pay $1.4 billion over fraud in residential mortgage-backed securities
Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its offering…
UBS ends Credit Suisse’s government and central bank protections
UBS on Friday said that it has ended a 9 billion Swiss franc ($10.27 billion) loss protection agreement and a…
These charts show what has Moody’s worried about regional banks including U.S. Bank and Fifth Third
The Moody’s ratings downgrades and outlook warnings on a swath of U.S. banks this week show that the industry still…
Goldman Sachs says chief of staff John Rogers to step back from longtime role
A key Goldman Sachs executive known as a power broker internally and in political circles is stepping back from some…
Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach
U.S. regulators on Tuesday announced a combined $549 million in penalties against Wells Fargo and a raft of smaller or…
Moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch
Moody’s cut the credit ratings of a host of small and midsized U.S. banks late Monday and placed several big…
Italian bank shares slide after government surprises with windfall tax
Italian banking shares took a beating on Tuesday morning after Italy’s cabinet approved a 40% windfall tax on lenders’ “excess”…
Goldman Sachs’ future hinges on a low-profile, high-growth business
Goldman Sachs is known as Wall Street’s top brand, a juggernaut employing some of the world’s best traders and investment…
Watch Governor Andrew Bailey speak after the Bank of England’s rate hike
[The stream is slated to start at 7:00 a.m. ET. Please refresh the page if you do not see a…
Dimon says Jeffrey Epstein lawsuits have impacted JPMorgan brand, and he is sorry for having him as a client
JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday that lawsuits against the giant bank related to its former client,…
