A number of tricks used by China's bankers will likely undercut any attempt to measure any change in lending stemming from the PBOC's rate cut.» Read More
China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing.
Strategists from Federated Investors and Wells Fargo share their predictions on the market and the economy. Here's where they'd invest.
Easing measures in China and Japan have raised expectations that other Asian central banks will follow suit with growth-boosting interest rate cuts.
A technical glitch at a U.K. bank left a man trapped on Sunday morning, after he had tried to withdraw cash from an ATM.
A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.
China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, said sources involved in policy-making.
Tarullo argued that compliance hasn't been stiff enough and that tougher action on the part of the Fed and other regulators was likely needed.
Several Democratic senators criticized the NY Fed as too close to the mammoth financial institutions it regulates.
The euro zone is likely to stay stagnant and the ECB stands ready to act fast to combat low inflation, says President Mario Draghi.
Goldman Sachs is in talks with a Russian buyer, among others, about selling its embattled metal warehousing business.
The business culture in the banking industry weakens the will to be honest, according to a new study by a university in Switzerland.
Three big banks that have owned commodities exposed themselves to risk and in some cases manipulated prices, a Senate investigation has found.
Wells Fargo is launching a new loan modification program that includes an option to lower the interest rate for certain qualified borrowers.
Blackstone has reached out to its biggest fund clients about a new investment vehicle with a longer investment horizon than the typical 10-year fund.
The European Central Bank is likely to start buying government bonds in the first half of next year, a former member of the Bank told CNBC on Monday.
The Swiss National Bank faces the biggest test of its cap on the franc in two years.
In recruiting programmers from elite universities, Wall Street runs up against the idea that Silicon Valley is the technological promised land. NYT reports.
Hedge fund Third Point is considering launching a proxy contest at Dow Chemical after negotiations over board seats broke down on Thursday.
Aspiring M&A bankers hoping to bank the bucks should angle for a job at Credit Suisse or Deutsche Bank, according to a salary benchmarking site.
G4S was the center of market speculation after false a press release said the company needed to restate its accounts for 2013 and 2014.
A number of tricks used by China's bankers will likely undercut any attempt to measure any change in lending stemming from the PBOC's rate cut.
Credit Suisse has reached a confidential settlement with Assured Guaranty.
Banks are facing potentially heavy losses on an $850m loan made to two oil and gas companies, the FT reports.