Nomura Holdings and co-lenders spent nine months before deciding in August to give Ultrasonic a $60 million unsecured credit facility.» Read More
European lawmakers approved key laws reforming the euro zone's banking sector, completing a "banking union" to protect taxpayers.
Barclays is replacing the chair of its board's remuneration committee amid an row with investors over the bank's bonus rise.
Stock lending can help ETFs generate extra income. But some managers, like BlackRock, pocket a big chunk of those fees for themselves.
Balestra Capital, the hedge fund firm founded by James Melcher in 1979, is set to lose two senior leaders.
The ECB's Draghi actually admitted currency manipulation. Here's the takeaway for investors, says Michael Yoshikami
Last week's selloff was not the beginning of the end, says NYSE floor trader Kenny Polcari. Here's why.
More new shorts were added in Nasdaq stocks in the end of March, but they declined on NYSE names.
Citigroup has cut 200 to 300 jobs, or about 2 percent of its global markets workforce, the Wall Street Journal reported.
When Goldman Sachs filed its proxy earlier this month, it was free of a proposal that has become increasingly popular among governance activists.
First-quarter earnings looked very different for two of Wall Street's biggest banks. For Wells Fargo, the news was good. For JPMorgan, not so much.
JPMorgan Chase reported a 19 percent decline in first-quarter profit as revenue from securities trading fell.
U.S. regulators are considering testing a reform that could drive business to major stock exchanges and away from alternative venues.
At first glance Greece may not look promising, but investors are gaining appetite for its debt.
Significant underperformance coupled with the exit of high-profile CEO Mohamed El-Erian caused Gross to re-evaluate the way he was running the firm.
Recent strong demand for relatively risky bonds from Puerto Rico, Greece and Spain adds to the case that investors are reaching for yield.
A New York judge is set to sentence SAC Capital after it pleaded guilty to criminal fraud charges in a $1.8 billion deal with the government.
Jamie Dimon, chief executive of JPMorgan Chase, has warned that customers will face more costly credit or be denied certain financial products as a result of tougher regulation.
The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday.
Ten leading money men and women have agreed to give investors access to their three best ideas this week. Here are the participants so far and their picks.
BlackRock's bond guru expects positive economic data to lift yields much higher.
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