Former Goldman Sachs Group trader Matthew Taylor was sentenced to nine months in prison and ordered to pay $118 million in restitution.» Read More
A draft prospectus prepared for the latest euro zone bail-out instruments includes explicit warnings to investors that the euro could break apart or even cease to be a “lawful currency” entirely. The FT reports.
Witching hour may sound like a bar promotion on Halloween night, but it's really three important time periods for investors and the markets. So what are they and how do they impact investors? CNBC explains.
Whom the gods wish to destroy they first make mad. That was my reaction to the outcome of last week’s meeting of the European Union’s Council. Many focused their attention, understandably, on the decision by David Cameron, UK prime minister, to veto a new treaty. The FT reports.
Hostile bank takeovers should be outlawed as part of a package of reforms needed to avoid a repeat of the catastrophic failings at Royal Bank of Scotland, the chairman of the Financial Services Authority has urged after releasing a long-delayed report into the the bank’s collapse. “[They] should either be completely banned or the regulator should have the power to block them,” Lord Turner told the Financial Times.
The Federal Reserve will have a policy meeting tomorrow. Discussing expectations for the rest of the week's bond auctions, with Jack Bouroudijan, Index Futures Group CEO.
Europe’s banks have slashed their holdings of sovereign debt issued by the peripheral nations of the eurozone, selling 65 billion euro ($87 billion) of it in just nine months. The FT reports.
Lloyds Banking Group’s chief executive António Horta-Osório is having to reapply for his own job as doctors prepare to give him the go-ahead to return to work from sick leave.
Megain Widjaja, CEO of Indonesia Commodity & Derivative Exchange talks about the launch of palm olein futures today on ICDX.
US lenders pushing short-term loans that charge up to 5,000 per cent interest per year are targeting low-income UK borrowers abandoned by high street banks. The Financial Times reports.
Ken Clarke has put himself at odds with David Cameron by saying Britain should focus on “how to maintain the financial stability of the western world” at this week’s European Union summit, instead of trying to wring concessions out of euro zone countries. The FT reports.
The Fast Money traders weigh in on unusual activity in the VIX and natural gas plays as the commodity's down more than five percent in the last couple days.
Discussing whether leveraged ETFs are at the root of today's market volatility, with Matt Hougan, IndexUniverse, and CNBC's Herb Greenberg.
British banks are braced for the most contentious bonus season since the start of the financial crisis as shareholders ratchet up pressure on pay and regulators push for a radical overhaul of how lenders measure the performance of their most senior staff. The FT reports.
Standard and Poor’s has warned Germany and five other triple-A rated members of the euro zone that they risk having their top-notch ratings downgraded as a result of deepening economic and political turmoil in the single-currency bloc.
Businesses breaching European Union privacy rules will face fines of up to 5 percent of their global turnover under sweeping proposals to be unveiled next month. The FT reports.
This month Erskine Bowles – the American political figure who co-headed a bipartisan fiscal panel last year – is launching a desperate new crusade. As Europe writhes in fiscal meltdown, Bowles is quietly appealing to American chief executive officers to join a new “CEO fiscal reform council” on how to tackle America’s debt headache – and prevent the nation from following Europe’s fate. The FT reports.
International companies are preparing contingency plans for a possible break-up of the euro zone, according to interviews with dozens of multinational executives, the FT reports.
Can the International Monetary Fund save the euro zone? No. But it can help. The world, whose interests the IMF represents, has a stake in what happens. That gives the IMF the right to act. The question is how. The FT reports.
A look at the risk-off trade in gold, and the risk-on trades in copper and oil, with John Stephenson, "The Little Book of Commodity Investing" author.
Should investors prep to trade Greek drachmas? Robert Sinche, RBS head of global FX strategy, discusses whether some of the biggest players in the currency market may be gearing up for a euro breakup, and how to play it.
Gold dove on the jobs report, then soared. Here's why.
Siegel and Wien disagree over how much the Fed has driven this year's rally.
Blackstone's Byron Wien and Wharton's Jeremy Siegel have at it in a wide-ranging debate on the market and the economy, with CNBC's Jackie DeAngelis and the Futures Now Traders.
CNBC's Dominic Chu looks at three stocks to watch for next week, including Autozone, which is up 30 percent this year; Costco, which reports early Wednesday am; and Lululemon, which reports Thursday before the bell.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories.