Two companies with major operations in India were the weak links that opened the door to a $45 million global cyber heist brought to light by U.S. authorities this week.
Group of Seven nations finance ministers agreed to tackle the issue of how to deal with failing banks and gave gave a green light to Japan's efforts to galvanize its economy.
A shudder went through Wall Street after the revelation that Bloomberg reporters had extracted subscribers’ private information through the company’s data terminals to break news. The NYT reports.
Stephen Cohen, CEO of the London-based Governance for Owners, could cast the deciding votes as to whether JP Morgan's Jamie Dimon continues his dual role as CEO and chairman.
U.S. Treasury Secretary Jacob Lew has said Japan must stay within the bounds of an international agreement not to target exchange rates, after the dollar-yen broke through 100 and continued to extend gains on Friday.
Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
A week after the Federal Reserve endorsed a plan to keep buying bonds to spur economic growth, members are airing differences over their super-easy policy.
Russell Wasendorf Jr., whose father went to prison for stealing $215 million from clients of the Peregrine Financial Group, has pleaded innocent and is attempting to start over.
Jamie Dimon's roles as chairman and CEO should not be divided, a management expert tells CNBC, citing JPM's "incredible return" since last year's "London Whale" fiasco.
Bundesbank chief Jens Weidmann said the ECB is still able to take policy action to address the euro zone crisis, a German newspaper reported on Thursday.
New York Attorney General Eric Schneiderman told CNBC that BofA and Wells Fargo were the leading violators of a mortgage servicing abuse settlement, and that's why he plans to sue.
Investors cheered HSBC first quarter results on Tuesday, but analysts said the bank's profit-beat was misleading, and recommended RBS and Lloyds shares.
CNBC's Kayla Tausche reports JPMorgan's CEO will continue his job as chairman and CEO. And, Jeffrey Sonnenfeld, Yale School of Management, and Karen Brenner, NYU Stern School of Business, share their thoughts on corporate governance.