CalPERS' move to divest itself of $4 billion in hedge fund holdings is galvanizing a debate among many other pension managers.» Read More
Stifel Financial said it would buy asset manager Legg Mason's investment advisory unit to expand its wealth management business.
The price of a bitcoin started breaking away in mid-May, and it now sits above $650.
Deutsche Bank will price its 8 billion euro capital hike on Wednesday at between 21 euros and 21.50 euros per share, sources told CNBC.
Mortgage rates fell last week, and in an unusual convergence, so did applications for refinances and home purchase loans.
France warned of potential consequences for transatlantic trade talks if the US went ahead with a $10 billion-plus fine for BNP Paribas.
Ready for another market milestone? Analyst says S&P 500 is on its way up to 2,000 and the Dow Jones Industrial Average heading to 17,200.
High-frequency traders like their targets big, with share prices cheap but not too cheap and with a fairly low level of volatility.
A book hitting the stores Tuesday by CNBC's Kate Kelly takes a look inside the powerful group that runs the commodities trade.
Today, climate change-conscious investing is based less on a general desire to save the world and more about picking winners and losers.
Investors have become too negative. The period of stagnation and lower returns is behind us, market observers told CNBC on Tuesday.
The modest increase in bond yields during the past few sessions should build as the economy improves, two market watchers tell CNBC.
With stock and bond markets waiting with baited breath, traders are asking themselves: will the European Central Bank disappoint?
More than 77,000 foreign banks and financial institutions have agreed to share US tax information with the IRS.
Banking CEOs received an average pay rise of 10 percent last year as U.S. banks paid their heads more than their European rivals, the FT reports.
The $20 billion catastrophe bond market is set to grow 150 percent in the next four years, as bond issuers take on a new range of perils.
Despite all the anticipation of money fleeing fixed income and dashing toward equities, bonds continue to get a bid.
A lot of smart people have been calling for a market correction for an awfully long time. And all of them have got it wrong.
The world's biggest hedge funds are managing more money than ever before - even while the returns they provide look less attractive.
The fallout from sinking interest rates has spilled over into international markets.
Singapore stocks are trading at their highest in almost a year and having lagged regional peers, analysts say the market could gain the upper hand.
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