CITIC Securities, China's biggest brokerage, and smaller rival Guosen Securities are under investigation by regulators.» Read More
Goldman Sachs made a $835m loan to Banco Espírito Santo a month before Portugal's largest listed lender by value was bailed out. The FT reports.
Banks are sounding the alarm about a proposed global rule aimed at forcing them to fund themselves more safely, the FT reports.
Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, the company said.
Fund manager Neil Woodford has sold his fund's stake in HSBC, citing concerns over the potential impact of several industry-wide probes.
Barclays is selling its Spanish retail and corporate banking operations to Caixabank, as the British bank starts shrinking its European divisions.
Stung by the loss of the IPO of Chinese e-commerce firm Alibaba, the Hong Kong stock exchange took a step towards loosening its listing rules.
Common Sense has hired another SocGen exec as it continues to rebuild after the arrest of its founder and the loss of most of its clients.
Some of the most powerful members of the business and investing community think the American economy is going to be just fine.
Up to 1.5 million shares of Kraft stock are being offered as part of the company’s new “social stock plan”.
But if the stock market finishes this month with another advance, TJM's Jim Iuorio tells CNBC he's ready to throw in the towel on his correction call for now.
There's a Wolf on 92nd Street! Panic in the Hamptons! Raj Mahal finds some strange signs of a market top.
A new report on the hedge funds industry underscores quite how large it is: $2.6 trillion across 11,000 funds.
Some of the names on the move ahead of the open.
An influential U.S. financial services industry group is downplaying concerns about possible breaches at JPMorgan Chase and other banks.
Bank of America asked a federal judge to throw out a verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit.
It used to be common knowledge that bonds only cared about the Fed. So where did that trade go so wrong?
Financial institutions have joined forces to propose a new framework that aims to negate complicated disputes such as the fight over Argentina's default.
The ECB is facing a critical debate about whether to embark on an American-style quantitative easing program. Here are the implications.
August looks set to close on a high note and data shows money flowing into banking stocks and high yield bonds.
All those headlines about new stock market highs may look sexy, but life for active managers hasn't been quite so much fun.