The former chief executive has been reported to Sweden’s economic-crime prosecutor over alleged market abuse, the FT reports.» Read More
Commerzbank said it is speeding up the clean up of non-core assets as it posted an increase in second-quarter earnings.
Wednesday's news cycle indicates hings are a real mess again in Europe.
Standard Chartered is facing another substantial fine from U.S. regulators as it announced its first-half profits fell by 20 percent.
So-called living wills submitted by big banks are "not credible" and have to be revised by next July, federal regulators said on Tuesday.
Target lowers its outlook as the data breach hurt sales; however, there are other factors at play as well.
Junk bonds have fallen about 3 percent since their peak, and some traders expect the broader stock market to follow suit—perhaps imminently.
Goldman Sachs is cutting off some hedge fund clients and even pulling cash from its own hedge funds as it looks to cope with tough new banking rules.
Are Target's troubles merely anomalies, or symptomatic of the economy's problems, despite strong earnings reports?
Stocks will significantly outperform bonds in the years ahead as investors get used to rising interest rates, according to Goldman Sachs.
Credit Agricole said it took a $950 million hit related to its stake in Espirito Santo that nearly wiped out the bank's second-quarter net profit.
An avowed opponent of putting money at the top in hopes it "trickles down," the Obama economy has benefited from the principle.
Companies across industry groups—from food to technology to health care—are raising costs for the consumer.
Portugal bailed out Banco Espirito Santo (BES), its biggest bank. Get used to seeing this.
The upcoming European banking asset quality review will represent the sector's "last chance" to prove its credibility.
A plurality of respondents to a finance industry poll said they expect bonuses to either decline or be non-existent this year.
The political connections of investors raise questions about Alibaba as it prepares to go public in the U.S. The New York Times reports.
One of the biggest private equity investors in the banking sector has warned that regulation has depressed profitability, the FT reports.
Hedge fund managers are expecting to deliver less than half of the returns for their investors in 2014 that they saw last year.
Trading firms raised concerns about traders at Barclays' "dark pool" months before the U.S. accused the bank of favoring its trading clients.
The BOJ's monetary stimulus is being felt around Asia, with its liquidity set to provide a buffer against the Fed's impending tightening.