Three of India's leading state-run lenders reported a drop in their first quarter net profits, weighed down by rise in provision for bad loans.» Read More
Cheetah Mobile's shares spiked in their market debut, valuing the Chinese security software maker at about $2.2 billion.
ICE CEO Jeff Sprecher says the market has become too complex, arguing for the end of maker-taker fees.
Britain's Co-operative Bank said it would raise 400 million pounds ($678 million) of extra capital through the issue of new shares which will see the Co-operative Group's shareholding decline.
"Dream on," says Warren Buffett. But noted investor Ted O'Glove contends it would be a windfall for investors.
The 2008 financial crisis could be just a precursor to a more severe economic fallout on the horizon, closely followed contrarian investor Marc Faber tells CNBC.
ECB President Mario Draghi said the strengthening euro was cause for "serious concern" at his news conference on Thursday.
Ford says it will buy back up to about 116 million shares of company stock worth about $1.8 billion.
Antony Jenkins, the chief executive of Barclays who is engaged in a radical shake-up at the bank, has defended his plans for job cuts and bonuses.
A reverse mortgage start-up has raised about $230 million in a private offering, which sets the stage for a potential initial public offering.
Stanford University said it will no longer use any of its $18.7 billion endowment to invest in coal firms, a move aimed at combating climate change.
The economy is on track for solid growth, Federal Reserve Chair Janet Yellen said, but warned weak housing markets may alter that scenario.
The IPO could open the gates to other Chinese companies listing on US exchanges and ultimately, competing against US companies eye-to-eye.
Allianz endured intense public scrutiny by some of its largest shareholders over its lack of intervention at Pimco.
We're headed towards what could a market meltdown unless we drastically change economic policy, writes MBMG's Paul Gambles.
Despite Barclays' disappointing results this week, analysts are not expecting any great changes when it reveals its strategy update this Thursday.
The Fed should expect more "bumps in the road" as financial markets react to increasingly less precise communications from the U.S. central bank.
Emerging markets bets have led to losses for many over the past year, but among big investors few got the timing of their wagers as wrong as Pimco.
After weeks of mortgage market weakness, loan applications rose last week, led by a surge in applications to purchase a home.
Analysts reacted with caution and criticism to Attorney General Eric Holder's signaling potential criminal charges against global banks.
While these may not be the best of times for hedge funds, they're still pretty good for the best of the best.
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