NAB, Australia's top lender by assets,said it plans to raise A$5.5 billion in a rights issue as it looks to demerge and float its troubled British unit.» Read More
Goldman Sachs Group Inc. is mulling the idea of shutting down its private stock-trading venue, Sigma X, according to the Wall Street Journal.
Risk parity funds are up this year after losing money in 2013, but investors are getting out of the strategy.
Hedge fund Coatue will return $2 billion to investors after volatility caused losses.
Citigroup is warning its investors it could miss its profitability target, a figure measured by the ratio of profit to shareholders' equity.
It's not every day that you find a fan club for new taxes, especially among economists and legal experts. The New York Times reports.
The talk about rotation out of biotech and big momentum Internet stocks involves very few companies.
Over the years, Warren Buffett has been blessed with a series of successful investments. But in the last five years, Buffett has not been doing well.
The SEC has put together a group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated.
In the twelve months to January, the lending of U.S. banks to households increased about 3 percent while, over that period, their loanable funds (excess reserves) soared by an incredible 59.4 percent.
Technology stocks led a global downturn on Monday, after a selloff in U.S. stocks on Friday hit market confidence.
The trading venue featured in "Flash Boys: A Wall Street Revolt," may apply to become a fully registered stock exchange sooner than planned.
After a string of regulatory mishaps including loose oversight of money-laundering controls, JPM is taking no chances.
Hedge funds and other Wall Street firms have used an unlikely counselor for the past year: a former top economist for President Obama.
Several of the biggest investors in Allianz are pressing the German insurer to step up oversight of its California asset management unit Pimco.
Bank of America is close to settling with a U.S. regulator over the sale of services sold as add-ons to credit cards.
Large private equity firm Hellman & Friedman hopes to raise around $8.9 billion for a new investment fund starting in May, according to Bloomberg.
The stock market is not rigged, but investors are being ripped off by high-frequency trading, Craig Hodges, co-portfolio manager of the Hodges Funds, tells CNBC.
Investors pulled another $3.1 billion from Pimco's flagship fund in March, following a spate of wrong calls by long-time manager Bill Gross.
Emerging markets roared like a lion in March, and they've continued their surge into April.
In identifying which banks would be top choices for 2014, CNBC conducted a surveys based on themes that are currently being explored by various analysts.
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Wall Street is slowly coming to a grips not with breakout growth but with more mediocrity that could keep rates on hold.
With the S&P 500 advancing 11 percent since last year's Sohn Conference, here are the winners and losers for the year.
CNBC reports that both Keith Meister's Corvex and Dan Loeb's Third Point have taken large stakes in Yum Brands.