Investors bet banks that focus on consumers will grow faster than firms that concentrate on Wall Street. New York Times reports.» Read More
Italian designer Roberto Cavalli is in talks to sell a majority stake in his eponymous fashion house to VTB Capital.
Commonwealth Bank of Australia (CBA) said its full-year cash profit grew about 12 percent on strong growth in loans and lower bad debt provisions.
Blackstone Advisory's Byron Wien still sees a 20 percent return for the S&P 500 for 2014, but he admits there are things that keep him up at night.
Carl Icahn said inept CEOs and aggressive central bank policies are creating treacherous times for investors.
S&P said that the risk of economic imbalances has "ebbed" as the U.S. economy concludes its deleveraging cycle.
Bill Gross of Pacific Investment Management, slightly reduced his holdings of U.S. Treasuries and government-related debt in July.
A strange turn of events means traders will have to untangle all of Vascular's aborted IPO, and reverse the trades.
Banking industry profits are soaring to near record levels, boosted by the fastest increase in lending since Great Recession, The Wall Street Journal reports.
German prosecutors are seeking charges against Deutsche Bank co-CEO Juergen Fitschen and several former executives at the bank.
Standard Chartered will soon begin sifting through a mountain of data for signs of possible money laundering or other criminal activity.
Kinder's $44 billion deal isn't part of a trend, but the basic story behind infrastructure as a play on energy is very much intact.
Marc Faber believes markets have recovered from a "fully oversold" condition, but warned new highs in equities were unlikely.
Consumers who encounter problems such as fraud when using bitcoin have a new place to lodge a complaint: the Consumer Financial Protection Bureau.
When Rupert Murdoch and Masayoshi Son walked away from their deals last week, the moguls created a shock wave on Wall Street.
Securities regulators have filed fraud charges against the state of Kansas, alleging offering documents failed to disclose risks to investors.
While most Americans remain in the dark about bitcoin, Hispanics are at the forefront of fandom for the digital currency.
The performance of U.S. public pensions' investments improved greatly in the second quarter, returning a median 3.71 percent.
Kinder Morgan's plans to buy its subsidiaries in a $70 billion transaction could trigger more deals, says CEO Richard Kinder.
Investors once again are snapping up high-dividend-paying U.S. stocks as Treasury yields fall.
South Africa's central bank stepped in to rescue African Bank Investments announcing plans for a $940 million capital injection.
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Ultra-easy central bank policies are about to bite the economy, Gross said in his latest letter to investors.
Many hedge funds sold down or exited positions in eight of the 10 most popular stocks, including Apple, Google and Exxon.
Most analysts have rarely met a stock they didn't like, or at least weren't willing to hang out with for a while.