CNBC's Kayla Tausche reports on the Brexit effect on financial companies. » Read More
U.S. banks were getting clobbered after the United Kingdom voted in favor of leaving the European Union in an unprecedented vote.
The British referendum could seem to Americans like a provincial problem. But from the perspective of many American companies, the British are employees and customers.
Bank stocks plummeted to the bottom of indexes across Europe on Friday after the U.K. voted to quit the European Union and stunned global markets.
Companies and people are issuing statements about the United Kingdom's decision to leave the European Union. We've got the latest list.
Big banks in the U.S. and U.K. expected to post huge losses in Friday trading as the market prices in a new reality.
Executives at the banking giant see possible changes ahead to comply with new laws.
The U.K. voted to leave the European Union, but JPMorgan isn't leaving the U.K.
LONDON— Britain voted to leave the European Union after a bitterly divisive referendum campaign, toppling the prime minister Friday, sending global markets plunging and shattering the stability of a project in continental unity designed half a century ago to prevent World War III. Prime Minister David Cameron, who had led the campaign to keep Britain in the EU,...
NEW YORK— The largest U.S. financial institutions have enough armor to withstand the turmoil of a major and prolonged national and global recession, the Federal Reserve said Thursday. The central bank's annual "stress tests" show that the 33 largest financial institutions— including JPMorgan Chase, Citigroup, Bank of America and Wells Fargo— all hold more...
Discussing the results of the Federal Reserve's stress tests with Richard Bove, Rafferty Capital Equity Research Analyst; Tom Brown, Second Curve Capital CEO; and David Ellison, Hennessy Large Cap Financial Fund Portfolio Manager.
Companies in the S&P 500 have a total of $1.35 trillion in cash on their balance sheets — and one technical analyst says that could drive stocks to record highs.
JPMorgan Private Bank's Stephen Parker says the "sell in May and go away" theory is a flawed concept this summer.
Arbitration against Merrill Lynch highlights a potential hazard for other banks selling structured product investments.
Rich Ross of Evercore ISI believes that European banks can ride a "bullish hammer" back up.
Shares of DexCom rallied Monday amid two reports.
The pullback in financial stocks is a buying opportunity, Morgan Stanley says, recommending an overweight stance on the group.
NEW YORK— The latest on developments in global financial markets:. Stocks are closing solidly higher as investors grow more optimistic that Britain will remain in the European Union. Stocks are solidly higher as investors grow more optimistic that Britain will remain in the European Union.
NEW YORK— Global stocks are climbing Monday as investors grow more hopeful that Britain will remain in the European Union. BRITISH VOTE: The British pound rose sharply as the latest opinion polls and betting markets suggest it's more likely Britain will stay in the European Union than leave when citizens vote on the issue Thursday. The pound jumped to $1.4652...
Uber and Airbnb aren't going public anytime soon, but the big banks are getting involved anyway they can.
David Katz, Matrix Asset Advisors, and Matt Maley, Millertabak, discuss the Fed decision and its impact on the financial sector.