Patrick McCormack's Tiger Consumer Management is shutting down at the end of March.» Read More
Bank of America said it named Chief Executive Brian Moynihan as chairman of its board, effective immediately.
China's banks this week found themselves turning away would-be depositors as they scrambled to comply with new rules. The Financial Times reports.
SEC's Commissioner Dan Gallagher discusses which stock and bond market regulations needs overhaul.
Relational Investors will be winding down its operations and dissolving its $6 billion portfolio of funds by the end of the year.
A small hedge fund is hoping to make a big splash with an Ackman-style presentation on the "biggest stock promotion ... since Sino-Forest"
Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
October could have a long list of market demons to contend with—from the shift in U.S. monetary policy to geopolitical issues that include Hong Kong.
Economist Nouriel Roubini has revealed the key flashpoints that are keeping him up at night, which he believes could hit "rationally complacent" financial markets.
Global airline stocks closed sharply on Wednesday after the CDC confirmed the first case of Ebola in the country.
Ray Dalio, founder of the world's biggest hedge fund Bridgewater Associates, says the Fed should wait for inflation signs before hiking interest rates.
America's manufacturing industry expanded in September, while employment in the sector grew at its best pace since March 2012.
The goal of social impact investing is to enhance risk-adjusted returns, while generating a positive social and environmental impact.
Billionaires Buffett, Bezos and Henry are hoping to save the newspaper industry through a mix of civic pride and digital innovation.
The dollar on Wednesday hit a new high six-year high against the yen, breaching 110 for the first time since August 2008.
The former Pershing Square analyst who told his roommate about Bill Ackman's big Herbalife short early is not who you think.
Hedge funds and other big money managers in Hong Kong aren't panicking about the democracy protests sweeping the city.
Steel companies are finally getting their arms around the need to deleverage, consolidate and restructure.
Most traditional indicators show inflation in the U.S. to be well under control, but bacon cheeseburger eaters know better.
The AIG bailout trial may help cleanse a lot of lingering resentment, says NYSE floor trader Kenny Polcari.
Many strategists seem nervous that economic data going forward will come in lower than expected. Thus far, those fears seem well-founded.
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Pensions remain short of having enough money to pay out what they've promised, despite recent asset increases.
Too big to fail? It may turn out that the biggest banks in the U.S. are too big to break up.
"Even if one were to become law ... it would have a minimal effect on the economic outlook," one analysis says.