George Osborne says he made a mistake in not radically restructuring state-controlled Royal Bank of Scotland in 2010, the FT reports.» Read More
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.
Former hedge fund portfolio manager Mathew Martoma will have to put up $5 million bail to remain free on insider trading charges.
One of the key destinations for financial jobs, Singapore is fast losing its lure as bank layoffs threaten the once robust job market in this Southeast Asian city state.
CNBC's Michelle Caruso-Cabrera reports on Europe's market-moving activities, as Moody's downgrades France's credit rating, and Credit Suisse plans to restructure its investment banking division.
The fiscal cliff walk begins and the yen takes a breather — it's time for your FX Fix.
Poor management decisions by MF Global's former CEO Jon Corzine triggered the firm's collapse, while lax protections for customer funds contributed to the $1.6 billion loss of customer money, U.S. congressional investigators say.
The financial industry should not go “overboard” in cutting costs in reaction to current market conditions, the chief executive of Goldman Sachs has warned, a day before the bank is poised to announce one of its smallest ever groups of new partners. The FT reports.
In honor of John McAfee, who spoke to our own Jeff Pohlman today while he is trying to stay one step ahead of the law in Belize.
Can stocks reverse a recent trend or will they go deeper in the red for the week?
Ahish Shah, global head of credit at AllianceBernstein, tells CNBC that UBS's restructuring represents an opportunity developing within credit markets to undergo deleveraging that may result in greater returns.
UBS is set to unveil a radical downsizing of its struggling investment bank next week in a move that will prompt the loss of up to 10,000 jobs across the Swiss banking group.