Matt Taibbi isn't letting CNBC host and New York Times columnist Andrew Ross Sorkin off the hook for letting Sandy Weill off the hook. Taibbi, the ...

Jamie Dimon, famous lover of giant banks, doubled down on that love today, at least in word. But in deed he may be building an escape pod.

Open secret: Banks themselves, including the abomination Weill created, Citigroup, would be worth a lot more if they were broken into smaller pieces.

Say this for Phil Gramm: the man sticks to his guns. Thirteen years after helping to repeal the Glass-Steagall Act and under widespread criticism, ...

Sandy Weill's Citigroup engaged in fraud on a massive scale, unfettered risk taking and then needed a massive taxpayer bailout during the 2008 financial crisis because it was so big it couldn't be managed. Yet only now does Weill say it was all a mistake.

Sandy Weill has finally seen the light. It's a bit late in the day, but, hey, he's already cashed in. You and I and millions of others in the United States and elsewhere around the world are still paying the price.

* 137 banks used other government program to repay bailout money * More than 200 bailed-out banks have missed dividend payments ...

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Friday he believes JPMorgan Chase is doing the right things to deal with its multibillio...

The events leading up to the financial crisis certainly had all the ingredients of a dramatic blockbuster. And nearly three years after the econom...

The banking lobby misrepresents the situation in two ways. First, they foster the belief that the economy needs lower rates to 'get going.' Second, the banking lobby likes to pretend that there is no alternative.

Bloomberg View On July 3, the Federal Deposit Insurance Corp. and the Federal Reserve made public portions of the “living wills” developed rece...

Here's a free PR campaign idea for the banking sector: Big banks helped the economy, maybe saved your job, with some of their blatant Libor-market che...

* Fed, FDIC release public portions of living wills * Banks express confidence they can be resolved smoothly * Documents...

As reports that the JPMorgan Chase trading debacle may lead to losses of $9 billion, it's critical that our nation understand what is, and is not, acceptable behavior for a bank in our capitalist economy.

* Plans must show how to close bank safely * Public goal: Stop too-big-to-fail bailouts * Possible resul...

FRANKFURT, Germany — Governments, banks and households struggling with too much debt are dragging down the world's economy and more needs to be ...

Tomorrow morning, Dimon will again face questioning, this time from the House Financial Services Committee. Whether we hear as much praise and kowtowing remains to be seen, but given last week's sham, I wouldn't hold my breath.

As institutions have grown "too big to fail", the financial services industry itself has taken on a much larger and more concentrated (and therefore more problematic) share of GDP.

It's time for the Federal Reserve Banks to replace the old boy networks with computer networks. Their boards are supposed to have representatives of the public and specifically of consumers and labor but they complain they can't find many. Crowd-sourcing can address this problem.

An unaddressed cause of the 2008 financial crisis was banks' reliance on elaborate schemes called repurchase agreements, or "repos," to fund their operations. Four years later, the usual suspects remain heavily dependent on them, endangering the financial system.