Banking

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.

Opting into your bank’s overdraft protection could leave you paying higher fees and make your account more likely to be shut down, according to a new report from the Consumer Financial Protection Bureau.

This weekend, attendees of the Public Banking Conference in San Rafael, California will gather to re-think the global banking system. They hope to spread a time-tested financial idea from North Dakota.

Mike Mayo, banking analyst with CLSA, joined Marketplace Morning Report prior to today's shareholder meeting to discuss.

As the Federal Reserve issues its annual stress test results for big banks, the question is do they have enough cash to survive a deep recession, a 50 percent stock market fall and 12 percent unemployment?