Hedge funds have suffered their worst start to the year in performance terms since the financial crisis, as returns in March and January were both in the red.» Read More
Gene Estess abandoned the financial world to lead the Jericho Project, which serves homeless, mentally ill and addicted people in Harlem and the South Bronx.
Two of Japan's largest banks have stepped back from Russia in recent weeks, bankers and executives told the Financial Times.
About 150 S&P 500 companies are scheduled to release results this week, in an earnings season that has been mediocre
Check out which companies are making headlines after the bell Thursday: ATHN & SCSS
The S&P 500 is on track for its best weekly gain since July, but if history is any indication, those gains may evaporate on Monday.
Davidson Kempner continues to make money by focusing on beat up loans—despite the general perception that bonds have little to offer investors.
There are surprisingly few signs that equity hedge funds have made big changes to their portfolios following losses.
Hedge funds continued to be burned in April by volatility in tech and other stocks following losses in March.
Some of Thursday's midday movers:
Bare-chested and singing, some of the City's top bankers ripped off their business attire in a video for a fundraiser.
Some of the names on the move ahead of the open.
Citigroup will not webcast its annual meeting next week in St. Louis, in a move one analyst called "ridiculous."
The New York attorney general's office has subpoenaed about a half-dozen high-frequency trading firms, a source told CNBC.
China's Weibo has priced its initial public offering at $17 per American Depository Share, at the bottom of its planned range.
Some high profile earnings beats by General Electric, Pepsico and Morgan Stanley helped counterbalance the hangover of Wednesday's big tech earnings misses.
Headlines after the bell Wednesday: GOOG, AMEX, IBM
CNBC turns 25 on Thursday, April 17, 2014. A look back: From the early days in 1989 to the present.
Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
Some of Wednesday's midday movers:
Every single IPO deal this week has priced below their expected range, including three that came to market late Tuesday.
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