CITIC Securities, China's biggest brokerage, and smaller rival Guosen Securities are under investigation by regulators.» Read More
Portugal's Espirito Santo family issued 5 billion euros of new debt in the first six months of 2014, just as the clan’s businesses were nearing bankruptcy.
Shares of Tim Hortons surged on news that Burger King may buy it. The Canadian company's stock may yet have room to run.
Bankers, traders and fund managers are practicing yoga in order to build their mental faculties and improve their ability to focus.
The 6.0-magnitude earthquake that struck California on Sunday could cause more $1 billion in losses and the majority of residents will be on their own.
Artificially low interest rates are luring investors into taking risks they wouldn't otherwise, said Martin Feldstein, former Reagan adviser.
European markets cheered dovish words by Mario Draghi at the start of the week, after the president of the European Central Bank delivered a wide-ranging speech.
The question coming out of the Jackson Hole Fed conference: Is it sustainable for the Europe and U.S. economies to be on different policy paths?
The Fed's monetary policy is headed in the right direction, but the U.S. needs to enact structural policies to in order to stimulate stronger GDP.
Hedge funds that bet on corporate shake-ups have long been industry darlings, and clients remain bullish despite July losses.
Goldman said it would repurchase the securities sold to Fannie Mae and Freddie Mac over the 2005-2007 period.
Raj Mahal left Wall Street for stand-up comedy. He doesn't miss being on BlackBerry 24/7 but here are 7 things he really misses about Wall Street.
Fed Chair Janet Yellen managed to appease doves but gave slight encouragement to hawks in her much anticipated Jackson Hole speech.
The Fed should wait several more months to make sure the economy is on track, said Atlanta Federal Reserve Bank President Dennis Lockhart.
Yellen's speech is being closely watched amid the intensifying debate over how soon the Fed should raise interest rates.
Bullard also tells CNBC he's sticking with his prediction that the Fed should start hiking interest rates late in the first quarter of 2015.
Britain's Co-Operative Bank said it expected to make further job cuts having already reduced its staff numbers by 21 percent.
Citigroup says it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the SEC, according to the WSJ.
Charles Plosser reiterated his dissent to the Federal Reserve's "risky" current policy.
Investors may be warming up to the stock market, but they're taking the safe way in.
Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.