*Germany's DAX share index sets new record high. *Royal Bank of Scotland falls after reporting losses. Germany's DAX set a new life-time high, the pan-European FTSEurofirst 300 and the broader STOXX 600 share indexes climbed to their highest level in more than seven years, and France's CAC touched its highest level since mid-2008.» Read More
The Swiss government watered-down a plan to try to clean up the country's image as a haven for untaxed assets.
The looming "fiscal cliff" is a bigger problem for business than consumers, Bank of America CEO's told CNBC Friday.
Swiss bank UBS faces a combined fine of about $1 billion, a person familiar with the situation said on Thursday.
After the U.S. Fed announcement, the KBW Bank Index closed higher. TheStreet.com on the winners and losers.
"For this deal to get done, you're going to have a coalition of moderates from both parties; the extreme of both parties are not going to throw in with this," said Goldman Sachs CEO Lloyd Blankfein, discussing how a deal will likely be worked out on the "fiscal cliff."
"We are one decision away from restoring our fiscal and moral authority around the world, let's just do it," said James Dimon, CEO of JPMorgan Chase, talking about finding a solution to the nation's "fiscal cliff" problem, with CNBC's Andrew Ross Sorkin.
U.S. securities regulators charged a Wells Fargo investment banker and nine others with fraud on suspicions of an insider-trading ring that earned more than $11 million by trading on tips about impending mergers.
How will cutting 11,000 jobs impact Citigroup's bottom line? David Trone, JMP Securities, weighs in.
Ken Moelis, Moelis & Company founder and CEO, weighs in on how Wall Street trends may be changing.
Greg Fleming, Morgan Stanley Wealth Management president, discusses how uncertainty is impacting the markets and why he believes the U.S. economy is better positioned than most people think.
Greg Fleming, Morgan Stanley Wealth Management president, discusses Fed policy and the notion of "irrational exuberance" in the markets.
Greg Fleming, Morgan Stanley Wealth Management president, provides Wall Street's view of the the fiscal cliff and its impact on investors.
Shawn Matthews, CEO of Cantor Fitzgerald, told Squawk Box that he believes taxes will go higher for wealthier Americans as part of a fiscal cliff deal. But he maintained that companies need to "drive us out" of debt and fuel growth in the U.S. economy. "Government is not the solution," he said.
Shawn Matthews, CEO of Cantor Fitzgerald, discusses his company's acquisition of Ireland's largest independent brokerage firm. We are looking to grow sales and trade on a global basis, Matthews said.
Millions more Americans could be subject to the AMT this year if Congress fails to reach a deal on the "fiscal cliff," including those making as little as $33,750 a year and joint filers making $45,000.
Paul Volcker, former Federal Reserve Chairman, explains why he believes the Volcker Rule has already been effective and says that regulation does not have to be overly complex.
Blankfein to CNBC: Seems Like 'Fiscal Cliff' Deal Could Be 'Reachable', NCR to Acquire Retalix for $650 Million in Cash, Groupon Shares Pop 11.6 Percent After CEO Andrew Mason Defends His Vision And Leadership
Bonn Liu, Partner at KPMG China explains why innovation is the key for China brokerages to make revenue, which has been falling as trading volumes decline.
A top Federal Reserve official warned on Tuesday of potential risks to financial stability from cyberattacks on the U.S. payments system and from a looming funding gap in public pensions.
Euro zone, IMF reach deal on cutting long-term Greek debt, Lehman to sell Archstone to Equity Residential, US Airways Says Sandy Cost $35 Million in Profits, Facebook shares jump 8.1%, RIM stock has a one month rebound.