There's a lot on the agenda as Detroit's emergency financial manager tries to meet a deadline to decide whether the city and escape a bankruptcy filing.» Read More
There's a lot on the agenda as Detroit's emergency financial manager tries to meet a deadline to decide whether the city and escape a bankruptcy filing.
Wall Street bonuses and staff levels are expected to rise again in 2013, according to a closely watched report released on Friday by a compensation consultancy Johnson Associates.
Adult movie star Chanel Preston knows not everyone approves of her chosen profession, but she never thought it would affect her ability to open a bank account.
The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year and it had idled 28 vessels around the world this year.
The chief executive of European chipmaker STMicroelectronics told CNBC that the company had to be careful as it winds down a loss-making venture with telecoms operator Ericsson.
Fred Eckert is a onetime Goldman Sachs partner whose business and wealth came crashing down in the turmoil of the financial crisis. Today Mr. Eckert is trying to start a new money management business.
JC Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
Citigroup is banning some traders from accessing internal chat groups on their Bloomberg terminals, in the latest sign of concern by banks over online security issues.
It's "nonsensical" to split the role of chairman and CEO at JPMorgan Chase when Jamie Dimon has had such a strong track record, former board member Lawrence Bossidy tells CNBC.
Shareholders and boards are no longer happy for CEOs to also hold the position of chairman, according to research published as JPMorgan Chase investors vote on whether to split Jamie Dimon's roles.
The vote to split roles for JPMorgan Chase Chairman and CEO Jamie Dimon on Tuesday could be driven by big index funds, as well as by Institutional Shareholder Services
One-time hedge fund darling Apple was dropped by more famous hedge fund managers in the first quarter.
Lawyers for JPMorgan Chase have demanded that Bloomberg hand over five years' worth of employee logs, as the bank considers whether to take legal action against the news and data group, the FT reports.
The billionaire bet more heavily on mortgage insurers, suggesting he expects the housing recovery to continue.
JPMorgan chief Jamie Dimon is seeking advice from Lloyd Blankfein as he wrestles with the fallout from a big trading loss. Not long ago, he was the one offering guidance.
JPMorgan CEO Jamie Dimon is feeling the heat as shareholders prepare to vote next Tuesday to split his dual role as Chairman and CEO. Jessica Pressler, New York Magazine and Aaron Task, Yahoo! Finance, discuss.
CNBC's Mary Thompson shares highlights from the Morgan Stanley shareholder meeting. CEO Gorman said buybacks would be preferable to dividends right now.
CNBC's Mary Thompson reports on details of Morgan Stanley's shareholder meeting with CEO James Gorman.
Visa Europe, the European licensee of Visa Inc., has offered to cap its inter-bank credit card fees at 0.3 percent of transaction value for four years, the same level as the rival MasterCard network, to end a European Union competition investigation and stave off a possible fine.
Portugal's top bankers have called on Europe's leaders to stop "playing with fire" and moderate their stance towards Europe. The Financial Times reports.
France has a special responsibility as a euro zone heavyweight to take deficit cuts seriously, even though its budget deficit is above target, Bundesbank chief Jens Weidmann said.
Federal Reserve Chairman Ben Bernanke painted an upbeat picture for the potential of innovation to lift living standards.