Royal Bank of Scotland admitted it submitted erroneous data for European bank stress tests in October and had in fact only just scraped through.» Read More
The billionaire activist investors shared the stage during a surprise joint appearance at the Delivering Alpha conference.
For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.
The Federal Reserve's policy-setting panel is 'likely' to start raising rates in early 2015, if not sooner, a top Fed official said on Wednesday.
"My general assessment at this point is that threats to financial stability are at a moderate level and not a very high level," Yellen said.
CNBC.com reporters Jeff Cox and Lawrence Delevingne recap a busy morning on the sidelines of Delivering Alpha.
Bank results are on a roll, and it's picking up speed. Yet these stocks are starting to look pricey.
For the first time in recent memory, Main Street borrowing and spending has been a bigger driver of earnings than Wall Street's trading.
In negotiations to create the new BRICS development bank, the main challenge was not a lack of resources or commitment, but fellow partner China.
Viking Global Investors, the $28.8 billion firm led by Andreas Halvorsen, is preparing the launch of a new fund to focus on illiquid investments.
Fed Chair Janet Yellen highlights that some sectors, like social media and biotech, are seeing stretched valuations.
His days start at 5:15 a.m. and end at 11 p.m. But the long hours more than pay off for Leon Cooperman, the billionaire founder of Omega Advisors.
"We don't like the bond market," BlackRock portfolio manager Dennis Stattman says.
John Paulson correctly anticipated merger activity in the energy sector, making him one of the big winners of Whiting's purchase of Kodiak.
New allegations say that Bernie Madoff's sons knew much more about their father's Ponzi scheme than they originally claimed.
Yoni Jacobs nailed the gold bubble back in 2012. But he doesn't think the pain is even close to over.
Yellen said there were signs of a production and spending rebound in the second quarter, but 'this bears close watching.'
The Federal Reserve's unusually targeted comments that biotech and social media stocks are overheated sucked the wind out of a an early rally.
Goldman Sachs delivered quarterly earnings and revenue that beat analysts' expectations on Tuesday.
Is Janet Yellen lying to Congress? Portfolio manager James Sanford has a few issues with the Fed's latest moves.
JPMorgan reported an 8 percent drop in profit amid pullback in trading of bonds and currencies, but topped Wall Street estimates.