Esteves was placed under arrest following accusations that he interfered in a sprawling investigation into Petrobras, the FT reports.» Read More
The U.S. dollar's bull run has been a headwind for Asian currencies in recent months, but one outlier is swimming against the tide: the Chinese yuan.
A unit of Citigroup has agreed to reimburse about $16 million to more than 31,000 customers, who were overcharged for fees, the New York AG said.
With interest rates expected to start rising soon, the good news on shrinking federal deficits is only temporary.
Stocks with high levels of short interest had been a leader, before the trend recently reversed.
One of the world's largest private equity firms is dropping a controversial type of fee it charges clients.
The Fed remained on its easy-money course at last month's meeting, allaying fears it might start raising rates sooner than expected.
Macro hedge fund bets finally paid off in September, helping reverse an otherwise miserable year.
The fear is that an exodus for the door along the same lines as the "taper tantrum" could crush the market.
When it comes to turning in bad guys in banking, it's not all about the money.
IBM has rolled out a new artificial intelligence tool and says it's moving Watson's staff to New York's Silicon Alley, Bob Pisani reports.
The world’s biggest banks have agreed to tear up the rule book on derivatives to make it easier to resolve a future failing firm like Lehman Brothers.
Some of the names on the move ahead of the open.
The World Bank's finance chief said he would decline the remainder of his bonus in a move that appeared aimed at quelling discontent among staff.
Western retail investors will likely have access to individual Chinese stocks when a new market-to-market link launches.
Stocks close at the day's lows as worries about growth outside of the U.S. and fears the Fed may raise rates soon weigh.
Hewlett-Packard, eBay, Barnes & Noble—the rash of spinoff announcements has been dizzying. Should investors cheer on for more or take caution?
Bond-insurer MBIA says client info related to MBIA's asset management subsidiary, Cutwater Asset Management, may have been breached.
After all, the burn rate for Silicon Valley companies is not one size fits all, says venture capitalist Tim Draper.
With the obligatory post-departure diplomacy behind him, Gross is ready to take down his former employer and anyone else who gets in his way.
Former Yahoo President Sue Decker says a merger with AOL would make little sense.