Global hedge funds suffered net outflows of $20.7 billion in June, as investors pulled money out despite improved performance, the FT reports. » Read More
After a big earnings beat and an analyst price target boost, the bank's chief says it's not the time to get "too excited."
Two senior officials at HSBC have been arrested in connection with a case involving currency benchmark rigging, according to reports.
An S&P Global Ratings report Wednesday warns of potential downside from all that new borrowed cash floating around.
The "Fast Money" traders share their first moves for the market open.
Bank earnings reflect more pay cuts than to job cuts. It's a sign some could be hitting peak efficiency.
Morgan Stanley topped analysts' estimates for the second quarter, reporting earnings per share of 75 cents and revenue of $8.9 billion.
The GOP's call for the restoration of Glass-Steagall is a "desperate lurch" that won't win over Bernie Sanders' supporters, Tony Fratto says
For a supposedly pro-business GOPer to take a stand that attacks the country's financial center is remarkable.
Solid quarterly numbers are giving investors plenty of hope for earnings right out of the gate so far in Q2.
Traders had been covering shorts ahead of the ruling released Friday, but are re-establishing their positions.
Despite the post-Brexit market rally, fund managers have gotten even more wary of taking risks.
The GOP candidate’s pledge to bring back Glass-Steagall is an unwelcome surprise for the financial services industry.
The "Fast Money" traders share their first moves for the opening bell.
Goldman Sachs topped forecasts with earnings per share of $3.72 and revenue of $7.932 billion.
A top adviser to Trump said the party wants to revive Glass-Steagall Act, the legislation that helped prevent big bank "supermarkets."
In 1990, Donald Trump asked dozens of banks to change the terms on their loans and forgive some of his debts.
Boutique banks have increased their market share of M&A over big Wall Street firms year over year.
The commercial banking giant posted second-quarter earnings per share of 36 cents, compared to 45 cents a share in the same period a year ago.
It will be better when interest rates are higher, but it could be worse, Wells Fargo CFO John Shrewsberry says.
Credit is improving. Loan growth is improving. What's next? We need to hear from companies outside the banking space.
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