Bank of America is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold.» Read More
Apple products have disrupted the phone, computer and music markets, but support for the tech giant to move into financial services is flagging.
The 10-year Treasury yield fell to a new 2014 low and the lowest level in 10 months, in step with a downshift in global interest rates.
The Federal Reserve is on track to raise rates later next year, Atlanta Federal Reserve Bank President Dennis Lockhart said.
The ECB has published further data that shows a reluctance by banks to lend to businesses, which could prompt its governing council to act.
Bond yields have stymied expectations they would rise and analysts seeking a reason may not need to dig deeper than simple supply and demand.
Royal Bank of Scotland will scale back business and cut hundreds of jobs in response to Federal Reserve regulations. The FT reports.
The Obama administration is siding with big banks in a dispute over their alleged role in the Bernard Madoff Ponzi scheme.
Bond manager Pimco lost one familiar face this year but is seeing another return.
So far, Citigroup's second-quarter trading revenue has dropped 20 percent to 25 percent, said John Gerspach, the bank's chief financial officer
Bank of America is resubmitting its capital plan to the Federal Reserve, a month after it discovered errors in its initial report and was forced to suspend a bigger dividend payout and a stock buyback.
Hedge funds have done an about-face on a group of crowded stock bets.
Could things have turned out differently? Yes, according to one source in the AstraZeneca camp who pointed to a flaw in Pfizer's strategy.
Hedge funds are making some strategies available to Main Street investors, who fear bets on stocks and bonds may not see them through retirement.
Technology will have a major impact on advisor firms as they look to leverage solutions to provide better experiences for clients.
Amid a flurry of IPOs on global stock markets, investors may be struggling to catch their breath as "deal fatigue" sets in, analysts said.
As the Federal Reserve debates the timing of its first rate hike, IMF's Christine Lagarde is urging central banks to cooperate on policy moves.
The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus.
One of the oldest galvanizers in the United States accused Goldman Sachs, JPMorgan Chase, the LME and metal warehouse operators of conspiring since 2010 to manipulate the U.S. zinc price.
Visa and MasterCard have renewed a push for more secure microchips in the credit card industry amid a slew of retail security issues.
The arguments over whether Tim Geithner made the right move with the bailouts will only heat up as the midterm elections approach, Politico's Ben White says.
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Most Americans don't realize stocks gained 30 percent in 2013, and only 1 in 9 call themselves savvy on investing, a survey said.
A lot more money might be required to invest in private funds given new rules under consideration at the SEC.
Forget the headlines and the charts: Despite the loopy market behavior recently, investors are downright apathetic.