Relational Investors will be winding down its operations and dissolving its $6 billion portfolio of funds by the end of the year.» Read More
RBS is taking billions of pounds in extra charges to cover the cost of past misdeeds, sending it deep into the red.
Federal prosecutors are scrutinizing whether banks have allowed businesses to siphon billions of dollars from consumers’ accounts.
Ongoing concerns about emerging markets could end up boosting U.S. stocks as investors look for greener pastures, BMO's Brian Belski tells CNBC.
The DoJ and the CFTC have both held investigations into whether BofA engaged in improper trading by doing its own futures trades ahead of executing large orders for clients.
No American financial institution is too large to indict and no bank executive immune from criminal prosecution, Attorney General Eric Holder said.
JPMorgan Chase’s board voted to give Jamie Dimon a new pay package worth about $20 million after his pay was cut in half last year, to $11.5 million.
There's a slice of private equity that isn't too concerned about valuations: Middle market firms that focus on small and mid-sized companies.
Buying the overall market this year won't work like last year, hedge fund manager Dan Arbess tells CNBC.
After a stellar 2013 in the stock market, it begs the question: Is the market overheated and getting ready for a fall? Asset manager Ken Kamen weighs in.
A small group of alternative investment funds are now using video to sell themselves.
Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the US economy.
Deutsche Bank posted a surprise pre-tax loss of 1.153 billion euros for the fourth quarter.
Consumer discretionary stocks helped lead the way for the stock market last year, and now, they may be poised to lead to the downside as well.
Goldman has been quietly moving thousands of jobs to cheaper cities like Salt Lake City in recent years, a move that's finally paying off.
David Henwood, chief investment officer at Raymond James, tells CNBC how his team of analysts come up with market-beating stock picks each year.
AB InBev is in advanced discussions to buy South Korea's Oriental Brewery from private equity owners KKR& Co LP and Affinity Equity Partners.
Who's behind the $32 million bet against Herbalife?
A new study on state fiscal condition ranks a northeastern state dead last, citing revenue shortfalls, budget practices and high levels of debt.
HSBC said it had suspended two foreign exchange traders in London and Citigroup said it had put a pair of traders on leave.
Morgan Stanley reported a sharp fall in quarterly profit as the bank was hit by $1.2 billion in legal bills, but adjusted earnings beat market estimates.
Get the best of CNBC in your inbox
Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
Relational Investors will be winding down its operations and dissolving its $6 billion portfolio by the end of the year.
A hedge fund is hoping to make a big splash with a presentation on the "biggest stock promotion ... since Sino-Forest"