The surging power of activist investors is bolstered by a growing ally: public pensions and other big institutions.» Read More
Citigroup says it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the SEC, according to the WSJ.
As traders await Yellen's speech on Friday, some are wondering if she will sound more like the Fed's hawks or her normal dovish self.
Check out which companies are making headlines after the bell Thursday: Gamestop, Gap, Aeropostale & more.
Fed hawks and doves have a lot more in common than they used to—an improving labor market.
Some of Thursday's midday movers:
Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.
Investors may be warming up to the stock market, but they're taking the safe way in.
Here are the five best Wall Street movie villains of all time—and what they'd say about Yellen and the Fed if they were at Jackson Hole this week.
The largest public pension in the country has quietly reduced its investment in one of the largest technology investment firms.
The dollar is strong and things could heat up even further for foreign exchange as global central bankers convene in Jackson Hole.
Bank of America agreed to pay $16.65 billion to end investigations into mortgage securities that it sold in the run-up to the financial crisis.
Shake Shack's potential offering could come as soon as this year, according to sources.
The long-anticipated settlement is expected to consist of a penalty of $9.6 billion and a package of consumer-relief measures valued at $7 billion.
Some of the names on the move ahead of the open.
"It's definitely politics. It has nothing to do with justice or restitution to the innocent victims," former Wells Fargo chief Dick Kovacevich says.
How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much.
Bank of America is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold.
Leaders are expected to agree that top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis.
The Federal Reserve has too much influence on capital markets and is seen as behind the curve when it comes to rates, according to a new survey.
Fund managers may face tougher scrutiny by regulators than planned after their lobbying against a first proposal backfired, sources said.
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