Royal Bank of Scotland aims to slash as many as 14,000 jobs in the investment banking sector.» Read More
The JPMorgan Chase breakup drumbeat is starting up again on Wall Street.
The son of Thomas Gilbert Sr. is accused of killing the 70-year-old New York hedge fund manager in a dispute over his allowance, police said.
The manager is closing the Tudor Futures Fund, the first hedge fund he ever opened, in order to focus on his far-larger flagship fund.
Morgan Stanley said Monday that it terminated an employee for misappropriating wealth management data.
San Francisco Fed President John Williams said that "turbulence" is likely if the Federal Reserve tightens while others increase stimulus.
Computer algorithm-led hedge funds produced stellar returns last year, beating most gut-driven human money managers.
If the weak euro, strong dollar and cheap oil persist, these commodities and stocks will predictably take a hit.
China's $26B trainmaker merger made Bank of America Merrill Lynch first in Asia's 2014 dealmaking rankings, showing the importance of SoEs for banks.
Narendra Modi has moved to address worries about his economic reform agenda with a pledge to shake-up India's banking sector. The Financial Times reports.
Wall Street's less senior employees may be getting the upper hand as more major banks try to get them to stay.
Volatility and the stock market have made for an uneasy couple, but lately they've managed to enter into a marriage of convenience.
Key indicators — including steak, strippers and sweet rides — suggest 2015 could be the year Wall Street and its big spender ways comes back!
Now that he's changed his tune, the Gluskin Sheff senior economist and strategist finds himself a self-proclaimed "pariah."
It may be a new year but Wall Street still has a really big problem, says Thomas Robinson of the CFA Institute.
The run-up in utilities is down to investors' search for solid EPS growth and consistent, low-risk yields.
Some of the names on the move ahead of the open.
Critics love to hate hedge fund fees and performance, but the industry is poised to grow even more in 2015.
It's probably fair to say that predictions about where oil is going fall somewhere between educated guesses and picking a number out of a hat.
Peek into the future of bank branches and you won't see many bankers.
An ETF that tracks regional banks is outperforming the S&P 500 in December, and commodity stocks have rebounded in the last week.
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Ultra-easy central bank policies are about to bite the economy, Gross said in his latest letter to investors.
Many hedge funds sold down or exited positions in eight of the 10 most popular stocks, including Apple, Google and Exxon.
Most analysts have rarely met a stock they didn't like, or at least weren't willing to hang out with for a while.