China's shadow banking sector is growing rapidly despite tightened rules, taking advantage of a regulatory anomaly to prosper.» Read More
Citigroup says it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the SEC, according to the WSJ.
Charles Plosser reiterated his dissent to the Federal Reserve's "risky" current policy.
Investors may be warming up to the stock market, but they're taking the safe way in.
Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.
San Francisco Fed President Williams said hiking the benchmark interest rate in 2015 is a "reasonable guess" based on the current economic progress.
The largest public pension in the country has quietly reduced its investment in one of the largest technology investment firms.
Bank of America agreed to pay $16.65 billion to end investigations into mortgage securities that it sold in the run-up to the financial crisis.
Fed interest rate hikes may not be as far off as investors believe, Kansas City Fed President Esther George told CNBC.
"It's definitely politics. It has nothing to do with justice or restitution to the innocent victims," former Wells Fargo chief Dick Kovacevich says.
Leaders are expected to agree that top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis.
How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much.
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.
US prepares a lawsuit against Angelo Mozilo in a final effort to target the figure most associated with the subprime mortgage boom which preceded the financial crisis.
The latest Fed minutes suggest a rate increase sooner than later but there are a few factors to consider since the last Fed meeting, says Ron Insana.
Bain's investment will be used to accelerate TOMS' business program and support its philanthropic activities, a source said.
Pimco's New York location is addressing an "isolated issue with insects," and as a precautionary measure, is fumigating certain areas of its office.
BofA reached a record $17 billion settlement over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.
Most Americans don't realize the market gained 30 percent last year, and only 1 in 9 call themselves savvy about investing, according to a survey.
Billionaire investor Carl Icahn revealed he owns an 8.5 percent stake in Hertz and plans to pressure the rental car company's management.
A lot more money might be required to invest in private funds given new rules under consideration at the SEC.
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Is a nasty split in scorching public view the new normal for financial industry couples? Experts see something brewing.
Meredith Whitney's hedge fund Kenbelle Capital may be in trouble only a year after it launched.
Oaktree Capital's Marks thinks that the drop in oil prices could finally expose low lending standards.