Royal Bank of Scotland admitted it submitted erroneous data for European bank stress tests in October and had in fact only just scraped through.» Read More
CNBC's Jim Cramer takes a look at deals between Verizon, Vodafone, Microsoft and Nokia.
Jarden agreed to buy Yankee Candle for about $1.75 billion in cash, subject to working capital and other adjustments.
Bank of America launched on Tuesday an up to $1.5 billion share offering in China Construction Bank, in a bid to shore up its own balance sheet.
Steve Ballmer, CEO of Microsoft, tells CNBC the Nokia deal is incremental to the group's transformation to focus on devices and services and to the Windows phone ecosystem.
Microsoft's CEO, Steve Ballmer says Microsoft plans to build on and "accelerate" the Nokia Lumia momentum and highlights that Finland will become the "hub and centre" for the group's phone R&D.
Ilkka Rauvola, analyst at Danske Bank Markets, comments on Microsoft's acquisition of Nokia's mobile handset division and what it implies for both groups.
Vittorio Colao, CEO of Vodafone, tells CNBC that the large size of the deal with Verizon allows them to return 71 percent to shareholders.
Vodafone's priority following the $130 billion sale of its stake in Verizon Wireless will be to use the cash pile for accelerating investment in its own wireless networks.
Verizon agreed to buy out Vodafone's 45 percent stake in Verizon Wireless for $130 billion, capping its effort to win control of the most profitable U.S. mobile provider.
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.