SHANGHAI, March 4- U.S. companies in China have a less rosy outlook for business conditions over the next five years due to a slowing economy, an "opaque" regulatory environment and rising domestic competition, a U.S. business lobby survey showed on Wednesday. The annual report by the American Chamber of Commerce in Shanghai- the self-dubbed voice of American...» Read More
Treasury officials want to require the corporate owners of the nation’s 41 industrial banks to accept more rigorous regulation or be forced to sell or shut them down.
Speculation that the European Commission could order a breakup of Lloyds Banking Group is nonsense, but the possibility that the Commission could order the group to sell some assets should come as no surprise, a senior commission officer told CNBC Thursday.
The Federal Reserve is involved a broad review of commercial real estate exposures at the nation's largest regional banks, which Fed sources say is both the result of concern in that area but part of the "new normal" for how they will be supervising banks.
No one can know exactly what Finn M. W. Caspersen, a prominent philanthropist and the heir to the Beneficial Corporation fortune, was thinking when he decided to take his life on Labor Day. But he apparently harbored a secret: He was suspected of dodging many millions in federal taxes.
The rule book for Wall Street may not change that much after all.
Among the many changes sparked by the Wall Street crisis, none seems more galvanizing that the call to regulate derivatives.
Tips for cultivating marijuana. Testimonials by patients about its medical benefits. Cannabis cooking lessons. Even citations for award-winning strains of pot. Viewers here can now watch, every week, what amounts to a pro-weed news program.
The Street is awash with chatter about a potential trade war following a White House tariff on tires imported from China.
Congress will enact changes in financial regulation that will be "fair" and "pro-market," Rep. Barney Frank, (D-Mass.) told CNBC Monday.
One year on from the collapse of Wall Street giant Lehman Brothers, and the financial turmoil that quickly followed, investors looked back and considered what lessons had been learned and whether the problems were really solved.
The Federal Reserve must guard against excessive behavior in the financial industry to avoid another financial crisis, Stephen Roach, chairman of Morgan Stanley Asia, said Monday.
On Monday President Barack Obama will deliver a speech on Wall Street. What will he reveal?
Prior to the recession, major banks were hiding dubious assets off their balance sheets and stretching rules if not breaking them. Now, banks are resiusiting efforts to improve those rules and increase transparency.
Failure to address the underlying weaknesses in the banking system and some shortcomings in the package of regulatory reforms for the financial sector could result in a crisis relapse in the next few years.
President Obama will attempt to reshape the bitter debate about health care reform. How will you know if his speech is a success?
Although Wednesday's market action appears bullish, technical analysts are starting to see a ‘head and shoulders' pattern emerging and that's worrisome.
Banks and credit unions have long pitched debit cards as a convenient and prudent way to buy. But a growing number are now allowing consumers to exceed their balances — for a price.
"Hillary: The Movie" is returning to the Supreme Court for a limited engagement and with the chance to overhaul laws governing federal campaigns ranging from the White House to the halls of Congress.
Shares of Aetna, UnitedHealth and other HMO stocks fell on Tuesday as investors came to realize that healthcare reform is squarely back on the table.
A recent court ruling that forced two ratings companies to defend fraud claims is a "game-changer" for the industry, said David Einhorn, head of Greenlight Capital.