Banking

A guide to personal finance basics, including tips on savings, strategies on investing, and more.

The Senate Banking Committee is holding a hearing today on bank investments in things like warehouses and oil refineries, and commodities such as metals and oil.

Quantum Dawn 2. No, it’s not the next James Bond movie. It's a fire drill for big banks to test their defenses against hackers.

It's been four years since Congress passed the Volcker Rule, a sweeping law aimed at fixing the financial system following its great collapse. But regulators still haven’t figured out how to implement it.

Goldman Sachs reported its latest business results on Tuesday. Profits -- as measured by net income -- hit $1.9 billion in the second quarter, twice the performance of the quarter before.

Canadian Mark Carney takes over running the Bank of England today. Carney looks good and has star power, but some wonder whether the current adulation will last.

After hours of high stakes negotiations, European finance ministers have struck a deal to help shield taxpayers from bank failures.

In its annual report, the Bank for International Settlements in Basel, Switzerland, says central banks have done their part. Now it’s time for governments to do more.

The key stock index in Shanghai fell 5.3 percent today. The loss, the worst in 4 years, comes after China’s central bank froze lending between the country's financial institutions last week.

The British government says bankers who recklessly mismanage their banks could face jail time, according to a new proposal released Wednesday.