Russia's top bank Sberbank said it had launched a legal challenge in the European Court of Justice over Western sanctions imposed on the bank.» Read More
More needs to be done to combat the banking sector's "too big to fail" problem, which still poses a risk to global finance and the economy, according to the Financial Stability Board.
Paul Schulte, CEO of Schulte Research International explains why the end of Asia's credit cycle will translate into overvalued currencies and overvalued asset prices.
Verizon reached a $130 billion deal to buy out the 45% stake in Verizon Wireless it does not already own from Vodafone Group.
Although markets and economies around the world face much short-term instability, it can still be a good time to invest in stocks, a strategist says. The NYT reports.
Verizon is near a $130 billion deal to buy out the stake in Verizon Wireless it doesn't already own, sources said.
Top investors in Vodafone are set to clash over what it should do with perhaps as much as $130 billion in proceeds from the sale of its stake in Verizon Wireless.
CNBC's Sue Herera looks ahead to what are likely to be next week's top business and financial stories.
Banks are increasingly rolling out new fees for what was once at the core of the banking experience: interacting with a teller.
Morgan Stanley plans to delay upgrading to BlackBerry's latest smartphones and operating system due to concerns that it might not back its platform long-term.
Friday is the last trading day of the month and, arguably, the last trading day of the summer. If you take the start of summer as Memorial Day, and the end of summer as today, the S&P 500 Index is basically flat for this three-month period.
It's not often that Wall Street shrugs off what amounts to a 30 percent price hike for an asset inside of four months.
Carlos Slim threatened to walk away from his $9.5 billion offer to buy the 70 percent of Royal KPN he doesn't already own.
Syria, another fight about the debt limit, and hordes of undead will all make this autumn peculiarly dangerous for investors. The question is what you should do about it.
Jean-Paul Agon, chairman & CEO of L'Oréal, tells CNBC that it's not their decision whether to buy the Nestle stake in L'Oréal as Nestle must decide if it wants to sell it.
An internal exam of JPMorgan's hiring practices in Asia is looking at the employment of about 200 people for possible instances of illegal nepotism, a source said.
The $60 trillion "shadow banking" sector has been given until 2015 to comply fully with its first set of global rules.
Nasdaq OMX has sent a letter to listed clients, a mixture of an update and partial mea culpa as officials continue to address the shutdown last Thursday.
In the U.S., Jorge Paulo Lemann is virtually unknown, even though he's behind Heinz ketchup, Burger King and Budweiser beer, Bloomberg Businessweek reports.
Dennis Berman, The Wall Street Journal business editor, provides insight on the potential $130 billion deal and its likely impact in the telecom sector.
U.S. banks earned more from April through June than during any quarter on record, aided by a steep drop in losses from bad loans.
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After salivating at the IPO, hedge funds lucky enough to buy in early to Alibaba are indeed making a nice profit.
One survey found that gender diversity on corporate boards is correlated to steady, positive performance.
Financial firms are shelling out big cash for the mid-term Senate elections, but their favorite candidate is an unlikely one.