A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.» Read More
One of the world's largest hedge fund firms is stalling, underscoring the challenges faced by other increasingly large money managers.
Low inflation in the U.S., Europe and Japan is a concern, a top Fed official told CNBC, but added that current monetary policies were on target.
Greenlight's David Einhorn said that he was short Athenahealth because he thought it was overpriced and could "easily fall" 80 percent, if not more.
After a "generational shift", the worry for Barclays is that top staff and clients leave and the business slowly dies.
Packaged food company Hillshire Brands said it would acquire Pinnacle Foods for about $6.6 billion, including debt, in a cash and stock deal.
The rule would prohibit a bank merger if the new company's liabilities exceed 10% of the aggregate consolidated liabilities of all financial companies.
The high levels of public and private debt would only be really worrisome if interest rates were not so low, Harvard economist Ken Rogoff tells CNBC.
Cheetah Mobile's shares spiked in their market debut, valuing the Chinese security software maker at about $2.2 billion.
ICE CEO Jeff Sprecher says the market has become too complex, arguing for the end of maker-taker fees.
Britain's Co-operative Bank said it would raise 400 million pounds ($678 million) of extra capital through the issue of new shares which will see the Co-operative Group's shareholding decline.
"Dream on," says Warren Buffett. But noted investor Ted O'Glove contends it would be a windfall for investors.
The 2008 financial crisis could be just a precursor to a more severe economic fallout on the horizon, closely followed contrarian investor Marc Faber tells CNBC.
ECB President Mario Draghi said the strengthening euro was cause for "serious concern" at his news conference on Thursday.
Ford says it will buy back up to about 116 million shares of company stock worth about $1.8 billion.
Antony Jenkins, the chief executive of Barclays who is engaged in a radical shake-up at the bank, has defended his plans for job cuts and bonuses.
A reverse mortgage start-up has raised about $230 million in a private offering, which sets the stage for a potential initial public offering.
Stanford University said it will no longer use any of its $18.7 billion endowment to invest in coal firms, a move aimed at combating climate change.
The economy is on track for solid growth, Federal Reserve Chair Janet Yellen said, but warned weak housing markets may alter that scenario.
The IPO could open the gates to other Chinese companies listing on US exchanges and ultimately, competing against US companies eye-to-eye.
Allianz endured intense public scrutiny by some of its largest shareholders over its lack of intervention at Pimco.