A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.» Read More
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.
JPMorgan's efforts to improve controls after a legal settlement over its dealings with Bernard Madoff—will be exempt from outside scrutiny, CNBC has learned.
Common Sense Investment Management isn't shutting down, despite media reports to the contrary.
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
As a comedian Ben Bernanke makes a heck of a central banker.
A provision prohibiting banks from keeping investments in CDOs backed by hybrid securities called trust preferreds ignited a controversy.
Apollo Global Management LLC said it would buy CEC Entertainment, the parent of Chuck E Cheese restaurant chain, for about $948 million.
Bitcoin has become a coin of the realm of the Sacramento Kings, a newspaper reports.
Private equity firm Carlyle Group said it would buy Johnson & Johnson's diagnostics unit for $4.15 billion.
The Dow still has plenty of room to run this year, but retail investors need convincing, Wharton finance professor Jeremy Siegel told CNBC on Thursday.
Goldman Sachs reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
Pope Francis has sacked nearly all the cardinals from the commission charged with overseeing the scandal-hit Vatican Bank.
A new app that lets players buy, sell and merge corporations across nine major industrial sectors became available on Thursday for iPhones and iPads.
ABN Amro broke most banking stereotypes when its chairman dressed up in drag and masqueraded as a brothel owner at a corporate event.