The Fed indicated to Citi that it would get more time to fix certain "stress test" planning problems before rejecting its capital plan.» Read More
The former Citigroup chief also warned in a CNBC interview that the financial industry will be ineffective if new regulations are too restrictive.
Former Citigroup chief Sandy Weill tells CNBC he and his wife, Joan, are making an additional $100 million donation to Weill Cornell Medical College.
In an exclusive interview with CNBC's Li Sixuan, Wang Jianlin, named China's richest man by Forbes and chairman of Dalian Wanda Group, discusses his investment in AMC Entertainment.
Tiger Global Management, Chase Coleman's more than $11 billion stock-focused hedge- and private-equity fund firm, is set to launch a long-only vehicle.
A fight over Syria puts President Obama in a weaker domestic position, which may make him less willing to support Larry Summers as the next Fed chairman.
Carl Icahn waved a white flag of surrender in his effort to derail Dell's $25 billion bid to go private, saying a path to victory was "impossible" given the obstacles.
Molex, a maker of electronic, electrical, and fiber optic systems, said Koch Industries will buy it for about $7.2 billion.
Neiman Marcus is the second major U.S. luxury retailer to be sold in a deal involving a Canadian firm in two months.
Wall Street on Monday kicks off the roadshow for what could become the biggest corporate debt sale in history. The FT reports.
It took a TSA run-in gone wrong for former hedge fund manager Julie Macklowe to join the cosmetics world after leaving the financial industry.
The U.S. Committee on Foreign Investment has cleared the way for Shuanghui's proposed $4.7 billion acquisition of Smithfield Foods.
CNBC's Sue Herera looks ahead to what are likely to be next week's top business and financial stories.
The Tōkum Fund, a hedge fund that invested in the stocks of medical and pharmaceutical companies, is being liquidated.
At the turn of the century, recent college graduates had an average debt of $15,100. Last year the average debt of graduates was $27,253.
Mark Rosenblum, a former Thomson Reuters salesman, says he was fired after questioning whether the company violated insider trading laws by distributing market-moving data early.
American Tower said it would buy privately held MIP Tower Holdings in a $4.8 billion deal to take advantage of the roll-out of 4G wireless network in the United States.
CNBC's Dominic Chu reports that U.S. hedge funds are closing in on record assets under management, with 287 funds that manage at least $1 billion in assets holding 7.5 percent more than at the start of the year. Warren Meyers of DME Securities weighs in.
Bank lending is on the rise. The little guy on Main Street is not feeling it, though, so many entrepreneurs are turning to alternative funding sources.
The shifting fortunes and prestige of Wall Street's big names, as revealed in The New York Times wedding section.
Even as a shift in U.S. prosecution policy gives states more leeway to legalize marijuana, the companies that dispense it are likely to have trouble finding a bank.
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Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
Happy Wednesday. We now return to our regularly scheduled program of spring.
Major market averages may not have much further to fall before indicating that something considerably worse is in store.
Hobbyists frustrated with markets and able to hold investments for years are turning to tangible assets, such as stamps.
Rising rates will impact consumers beyond bond portfolios, affecting credit card bills, auto loans and more.
Scammers are exploiting Heartbleed fears, so purported fixes might be ploys to get access to financial information.