Less cash flow from oil companies could pinch loan payments to banks but more gas savings in consumers' wallets will create new business.» Read More
Commerzbank said it is speeding up the clean up of non-core assets as it posted an increase in second-quarter earnings.
Wednesday's news cycle indicates hings are a real mess again in Europe.
Standard Chartered is facing another substantial fine from U.S. regulators as it announced its first-half profits fell by 20 percent.
So-called living wills submitted by big banks are "not credible" and have to be revised by next July, federal regulators said on Tuesday.
Target lowers its outlook as the data breach hurt sales; however, there are other factors at play as well.
Junk bonds have fallen about 3 percent since their peak, and some traders expect the broader stock market to follow suit—perhaps imminently.
Goldman Sachs is cutting off some hedge fund clients and even pulling cash from its own hedge funds as it looks to cope with tough new banking rules.
Are Target's troubles merely anomalies, or symptomatic of the economy's problems, despite strong earnings reports?
Stocks will significantly outperform bonds in the years ahead as investors get used to rising interest rates, according to Goldman Sachs.
Credit Agricole said it took a $950 million hit related to its stake in Espirito Santo that nearly wiped out the bank's second-quarter net profit.
An avowed opponent of putting money at the top in hopes it "trickles down," the Obama economy has benefited from the principle.
Companies across industry groups—from food to technology to health care—are raising costs for the consumer.
Portugal bailed out Banco Espirito Santo (BES), its biggest bank. Get used to seeing this.
The upcoming European banking asset quality review will represent the sector's "last chance" to prove its credibility.
France has gathered support to challenge regulators imposing penalties on banks at a G-20 meeting after $8.9 billion fine was levied on BNP Paribas.
Portugal will spend 4.9 billion euros ($6.58 billion) to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis.
Inside the Fed, the charge has become something just short of a badge of honor.
Our biggest fear has been that the Fed would be unwilling to remove support until it’s too late. We are well past that point, says Michael Farr.
S&P 500 has its worst week in two years amid weakness in Europe. Ukraine tensions and slow growth in Europe weigh.
Originally scheduled for Oct. 21-24 at the posh Marina Bay Sands hotel in Singapore, the date conflicted with a Hindu holiday called Deepavali.
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Oaktree Capital's Marks thinks that the drop in oil prices could finally expose low lending standards.
The surging power of activist investors is bolstered by a growing ally: public pensions and other big institutions.
2015 is shaping up as the year the U.S. consumer will have to shine the light for the rest of the world—or else.