Samuel Wyly has filed for bankruptcy after an SEC enforcement case.» Read More
The CEO of UBS' investment banking division, Andrea Orcel, has admitted that the winding-down of its fixed-income business may hit the Swiss bank's performance.
The Washington law firm Patton Boggs, well-known for its lobbying work, came one step closer Tuesday to merging with the Dallas law firm Locke Lord.
Discussing the Volcker Rule, U.S. Treasury Secretary Jack Lew stresses the need for it to be completed in order to restore confidence in financial markets.
CNBC's Seema Mody reports the latest headlines from Tuesday including a death toll close to 2,000 in the Philippines and a merger between US Airways and AMR.
Wall Street's watchdog is developing a new rule that would require clearing firms to regularly provide it with data about brokerage transactions.
Former MF Global CEO Jon Corzine lost his bid to dismiss a lawsuit seeking to hold him, colleagues and other banks accountable for the firm's demise.
A divorced commodities trader with a preference for Cuban cigars and custom-made suits shows up mysteriously in a newspaper story.
CNBC's Julia Boorstin reports Dish's chairman Charlie Ergen is not ruling out an acquisition of T-Mobile.
CNBC's Dominic Chu reports US Airways and AMR have reached a merger settlement with the DOJ. The merging of both airlines will create the world's biggest airline.
U.S. Attorney Preet Bharara was asked about the SAC Capital settlement at the DealBook Conference. CNBC's Kate Kelly reports Bharara also defended the indictment of the corporation.
Stuart Feffer, co-head of Wells Fargo Global Fund Services, explains why October was a good month for hedge funds and which strategies have done well.
Ten-year yields are moving higher and pressuring stocks after Dallas Fed chief Richard Fisher said the Fed's balance sheet had become "bloated."
The European Central Bank took a "pragmatic and realistic" approach to the euro zone when it cut interest rates last week, UBS CEO Sergio Ermotti told CNBC.
One way or the other, rates are going to increase — probably between now and the end of November, said Thomas H. Kee, Jr.
The stock market could pull back as much as 5 percent if the Fed starts to taper in December, JPMorgan's Thomas Lee told CNBC. But he said to buy any dips.
Chen Jiahe, Analyst at Cinda Securities tells CNBC's Cash Flow that while change will take a long time, he still likes the China market.
The liquidators of two Bear Stearns hedge funds filed a lawsuit on Monday against the three major U.S. rating agencies.
Amid Libor probes big banks are considering banning traders from online chat rooms seen by regulators as venues for collusion and market manipulation.
CNBC's Kate Kelly reports on a trend by hedge funds looking for bullish long-term value stories.
Flemming Ornskov, CEO of Shire Pharmaceutical, says that its latest acquisition, Viropharma, is a "strategic fit" whose main product should become a growth engine.
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Pimco need only look at its own performance for a lesson in the perils of active management, Fidelity founder Bogle said.
Weakness in Europe has been the dominant driver behind the recent volatility in U.S. stock markets, Mary Callahan Erdoes said.
As Doug Kass sees it, "IBM" just as easily could stand for "I need Buffett's Money."