Royal Bank of Scotland faces a $13 billion bill to resolve claims it misled purchasers of mortgage-backed securities, the FT reports.» Read More
No American financial institution is too large to indict and no bank executive immune from criminal prosecution, Attorney General Eric Holder said.
JPMorgan Chase’s board voted to give Jamie Dimon a new pay package worth about $20 million after his pay was cut in half last year, to $11.5 million.
There's a slice of private equity that isn't too concerned about valuations: Middle market firms that focus on small and mid-sized companies.
Buying the overall market this year won't work like last year, hedge fund manager Dan Arbess tells CNBC.
After a stellar 2013 in the stock market, it begs the question: Is the market overheated and getting ready for a fall? Asset manager Ken Kamen weighs in.
A small group of alternative investment funds are now using video to sell themselves.
Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the US economy.
Deutsche Bank posted a surprise pre-tax loss of 1.153 billion euros for the fourth quarter.
Consumer discretionary stocks helped lead the way for the stock market last year, and now, they may be poised to lead to the downside as well.
Goldman has been quietly moving thousands of jobs to cheaper cities like Salt Lake City in recent years, a move that's finally paying off.
David Henwood, chief investment officer at Raymond James, tells CNBC how his team of analysts come up with market-beating stock picks each year.
AB InBev is in advanced discussions to buy South Korea's Oriental Brewery from private equity owners KKR& Co LP and Affinity Equity Partners.
Who's behind the $32 million bet against Herbalife?
A new study on state fiscal condition ranks a northeastern state dead last, citing revenue shortfalls, budget practices and high levels of debt.
HSBC said it had suspended two foreign exchange traders in London and Citigroup said it had put a pair of traders on leave.
Morgan Stanley reported a sharp fall in quarterly profit as the bank was hit by $1.2 billion in legal bills, but adjusted earnings beat market estimates.
JPMorgan's efforts to improve controls after a legal settlement over its dealings with Bernard Madoff—will be exempt from outside scrutiny, CNBC has learned.
Common Sense Investment Management isn't shutting down, despite media reports to the contrary.
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
As a comedian Ben Bernanke makes a heck of a central banker.
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Bill Gross thinks conditions are ripe for a crisis, and he points a finger at Pimco to be at the center of the storm.
Puerto Rico isn't turning out to be the golden opportunity hedge funds and other big money investors once thought it was.
Billionaire investor John Paulson is looking to make more money on health care.