The Blackstone Group paid a bounty last year for its billionaire CEO Stephen Schwarzman, making him stand out on Wall Street.» Read More
Banking CEOs received an average pay rise of 10 percent last year as U.S. banks paid their heads more than their European rivals, the FT reports.
The $20 billion catastrophe bond market is set to grow 150 percent in the next four years, as bond issuers take on a new range of perils.
Despite all the anticipation of money fleeing fixed income and dashing toward equities, bonds continue to get a bid.
A lot of smart people have been calling for a market correction for an awfully long time. And all of them have got it wrong.
The world's biggest hedge funds are managing more money than ever before - even while the returns they provide look less attractive.
The fallout from sinking interest rates has spilled over into international markets.
Singapore stocks are trading at their highest in almost a year and having lagged regional peers, analysts say the market could gain the upper hand.
For the second year in a row, selling in May hasn't panned out the way people thought it would.
Federal Reserve Bank of Richmond President Jeffrey Lacker said he expects a positive GDP reversal in the second quarter.
Investors rejected the pay plans of 10 of the world's biggest banks as anger over excessive bonuses soared in both Britain and the United States.
BlackRock CEO Larry Fink said that leveraged ETFs contain structural problems that could 'blow up' the whole industry one day.
Another big Wall Street bank is reporting problems with trading, raising questions over just how bad things are getting.
There's more than national pride and global supremacy that comes with the winning of the World Cup: There's also a nice boost to the stock market.
Blackrock CEO Larry Fink said he has fielded angry phone calls over a letter he sent to S&P 500 executives warning them about short-term thinking.
Earlier, the zero liability protection did not apply if an account holder's PIN was used for unauthorized transactions.
Philippe Laffont's Coatue Management hedge fund may not be giving back $2 billion after all.
Apple products have disrupted the phone, computer and music markets, but support for the tech giant to move into financial services is flagging.
The 10-year Treasury yield fell to a new 2014 low and the lowest level in 10 months, in step with a downshift in global interest rates.
The Federal Reserve is on track to raise rates later next year, Atlanta Federal Reserve Bank President Dennis Lockhart said.
The ECB has published further data that shows a reluctance by banks to lend to businesses, which could prompt its governing council to act.
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Some energy-linked stocks have sold off unfairly, presenting a good buying opportunity, according to a renewables pro.
Almost 15 years have passed since the Nasdaq first broke the 5,000 mark. Now, the index is poised to pass that again.