Since the latest episode of extreme volatility in global markets, investors have shifted their interest from emerging markets to the U.S. and European stocks, says Amin Rajan, CEO of U.K.-based CREATE-Research.» Read More
The lending platform is hoping that Wall Street will flock to buy into its forthcoming initial public offering. The NYT reports.
China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time.
A number of tricks used by China's bankers will likely undercut any attempt to measure any change in lending stemming from the PBOC's rate cut.
Credit Suisse has reached a confidential settlement with Assured Guaranty.
China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing.
Strategists from Federated Investors and Wells Fargo share their predictions on the market and the economy. Here's where they'd invest.
Spain's Santander said it had named former CFO Jose Antonio Alvarez as chief executive officer to replace Javier Marin.
A technical glitch at a U.K. bank left a man trapped on Sunday morning, after he had tried to withdraw cash from an ATM.
A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.
China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, said sources involved in policy-making.
Tarullo argued that compliance hasn't been stiff enough and that tougher action on the part of the Fed and other regulators was likely needed.
The euro zone is likely to stay stagnant and the ECB stands ready to act fast to combat low inflation, says President Mario Draghi.
Goldman Sachs is in talks with a Russian buyer, among others, about selling its embattled metal warehousing business.
The business culture in the banking industry weakens the will to be honest, according to a new study by a university in Switzerland.
Three big banks that have owned commodities exposed themselves to risk and in some cases manipulated prices, a Senate investigation has found.
Wells Fargo is launching a new loan modification program that includes an option to lower the interest rate for certain qualified borrowers.
Blackstone has reached out to its biggest fund clients about a new investment vehicle with a longer investment horizon than the typical 10-year fund.
The European Central Bank is likely to start buying government bonds in the first half of next year, a former member of the Bank told CNBC on Monday.
The Swiss National Bank faces the biggest test of its cap on the franc in two years.
Hedge fund Third Point is considering launching a proxy contest at Dow Chemical after negotiations over board seats broke down on Thursday.
The RBI has hired a former Nomura trader as it seeks expertise needed to make India's financial markets deeper and more responsive to policy moves.
China's recent slowdown is "not a surprise," Frederic Oudea, CEO of Societe Generale, told CNBC on Thursday.
The Hong Kong-listed Fosun group may now have to switch its focus after a series of large acquisitions, the FT reports.