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 fund industry is debuting ever more mutual fund and ETF product addressing investors' risk, income-generation and consistent-return concerns.
A top U.S. regulator gave a spirited defense of new rules forcing foreign banks to hold more capital in their U.S. units.
Despite a likely rise in interest rates, investors are rotating back to bonds amid a recent uptick in equity-market volatility.
Shares in King Digital Entertainment fell as much as 15 percent in their market debut Wednesday. Here is a list of other IPO flops so far this year.
The number of shareholder security class action lawsuits soared 57% in 2013 as investors turned to the courts to be made whole from alleged wrongdoing.
The Fed "tried to say very explicitly" that "the expectations have not changed," Philly Fed President Charles Plosser tells CNBC.
One of the co-heads of JPMorgan's investment bank, Michael J. Cavanagh, plans to leave the firm. The NYT reports.
Revenues in investment banking slipped 18 percent in the first quarter of 2014 compared to the same period last year despite a surge in mergers and acquisitions.
Steve Cohen is mulling an out-of-court resolution to a parallel SEC case in which he himself is the defendant, according to people familiar with the matter.
If Fannie and Freddie are allowed to die, it will crush home prices — and hurt the economy, says bank analyst Dick Bove.
Morgan Stanley shareholders will find out this week whether the Fed will allow the bank to start returning capital to shareholders for the first time since the financial crisis.
The SEC is looking into complex bond deals on Wall Street that may create new opportunities for fraud, The Wall Street Journal reported.
Five former employees of imprisoned financier Bernard Madoff were convicted Monday. The massive Ponzi scheme was never a one-man operation, prosecutors said.
One fund manager is proving that the use of psychology is key to building mutual funds with big returns.
The Great Recession tarnished the reputation of the financial industry. Leaders now need to mentor students so they can learn from their mistakes.
Big dividend staple stocks have attracted investors with their bond-like characteristics. Now, they are showing their dark side.
One of SAC's leading portfolio managers is planning to leave the embattled firm at the end of the year to start his own hedge fund.
The Federal Reserve's most recent stress test shows 29 out of 30 U.S. banks met their stress test capital requirements.
U.S. securities regulators contacted public funds with investments in Russia to make sure they are managing risks and disclosing their holdings.
Private equity firm Apollo Global Management said Marc Spilker would step down as president and member of the executive committee.