Japan is starting to make inroads into Islamic finance, a move that could help strengthen regional economic ties and give its lenders an edge.» Read More
It may be time for Darden Restaurants to let shareholders take Red Lobster into their own hands.
J. Crew, the giant retailer, could go public this year with a $5 billion valuation target, according to Bloomberg.
The hedge fund SAC Capital will reorganize its disparate trading divisions and rename them by April, according to an internal memo.
Private equity investors sitting on a record amount of cash are poised to leap into southern Europe after shunning the region for years.
While the major indexes rallied on Monday, most people failed to notice the poor close.
Public shouting matches. A tense working atmosphere. A man at the top running amok. These are not the things one usually associates with Pimco.
Elliott Management Corp. is getting more aggressive in its bid for Riverbed Technology with a new offer of $21 a share.
There is a good reason Goldman Sachs has been unable to uncover the employee behind the @GSElevator Twitter account: he doesn't work at the firm.
The world's largest listed companies paid out more than $1 trillion in dividends for the first time, a new report shows.
Carl Icahn excoriated eBay in an open letter, charging the online auction company of "multiple lapses in governance."
Spending by the government on health care and America's domestic energy boom are two major trends that billionaire Ron Baron hopes to capitalize on.
Citadel Connect has nearly tripled in the past year, making it one of the largest U.S. dark pools—where investors can trade anonymously.
JPMorgan Chase has avoided a third successive showdown with shareholders, the Financial Times reports.
Virtually everyone on Wall Street knows that Ackman's Herbalife bet has cost him so far. Now we know exactly how much.
Fannie Mae posted quarterly net income of $6.5 billion and will have repaid its full government bailout after paying its fourth-quarter dividend.
A Fed debate is growing over whether it should stand ready to raise rates to prick any asset bubbles that its regulatory tools might fail to address.
Royal Bank of Scotland is preparing a dramatic retrenchment that would see it become a much smaller U.K. retail and commercial bank. The FT reports.
Bankers and those in the expanding legal marijuana business say new guidelines from the Obama administration aren't enough. They want Congress to act.
Dana Giacchetto, a former money manager whose extensive fraud was a subject of CNBC's "American Greed," is back to his old tricks.
With three mergers totaling more than $110 billion in just the past week, 2014 could be the year of the megamerger, as cash-rich companies hunt for growth.
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