Alibaba is expected to begin a roadshow for what could be the largest initial public offering ever early during the week of September 8.» Read More
Bank of America has detailed how it intends to improve working conditions for its junior bankers after one of its summer interns died.
Friday's nonfarm payrolls report stunned Wall Street, which had been trading on the notion that the economy was on a steady trajectory higher.
The shocking drop in December job creation to the worst level in three years raises questions about the direction of Fed policy.
The U.S. Justice Department plans additional enforcement actions against banks that do not have enough safeguards against money laundering.
Nasdaq OMX announced it has reopened trading at its Nasdaq options market after a brief halt that affected trading in stocks A through M.
Nuveen's Bob Doll sees a 10 percent stock correction amid a pretty good but volatile year for stocks, and he expects gold and other commodities to continue to fall.
Apollo Global Management has completed fundraising for its latest private equity fund, amassing $17.5 billion from investors.
JPMorgan Chase plans to sell or exit its business of issuing prepaid cards for corporate payrolls, government tax refunds and benefits.
Dutch insurance and banking group ING is on track for its planned initial public offering, the group's chief financial officer told CNBC.
After two years of stellar gains for global investment banks, JPMorgan has announced its top picks for the sector in the coming year.
Wall Street could pay nearly $50 billion to buy peace from federal authorities, according to interviews and a confidential analysis, the NYT reports.
BlackRock agreed to end its analyst survey program worldwide, as part of an agreement reached Wednesday with the New York Attorney General's office.
Regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis, the WSJ reported.
JPMorgan will pay a $350 million penalty to the U.S. Office of the Comptroller of the Currency in addition to a $1.7 billion forfeiture to settle charges in the Madoff deal.
How will the economy and markets play? What about Hillary Clinton and Ted Cruz? Blackstone's Byron Wien gives his annual new year's predictions.
JPMorgan will pay about $2.6 billion to settle allegations it turned a blind eye to Bernard Madoff's Ponzi scheme.
It wasn't easy but Bernanke has succeeded in establishing something of immediate value for Yellen as she takes the reins of the Fed, says Pimco's El-Erian.
Government regulations aimed at reducing reducing risk at the nation's banks in the wake of the 2008 financial crisis are having the opposition effect, bank analyst Dick Bove tells CNBC.
Working through a long list of legal problems, JPMorgan Chase is starting the new year with another steep payout to the government. The NYT reports.
Can investors really access the high returns offered by hedge funds without paying exorbitantly high fees?
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Some of the most powerful members of the financial community think the American economy is going to be just fine.
Common Sense has hired another SocGen exec as it rebuilds after the arrest of its founder and the loss of clients.
All those headlines about new stock market highs may look sexy, but life for active managers hasn't been quite so much fun.