Societe Generale fired former trader Jerome Kerviel without real and serious cause, a French labour court ruled, ordering the bank to pay him $510,255. » Read More
After the tech sector's brutal selloff and this year's strong run for utility and healthcare stocks, investors are now eyeing a shift into "cyclical" names.
London copper climbed to its highest in more than three weeks on Wednesday after a powerful earthquake off the coast of Chile raised supply concerns.
Crude oil futures tumbled by nearly $2, with U.S. crude pressured by expectations of surging domestic stocks and dour overseas data.
Emerging market assets haven't seen much love in the wake of investor infatuation with developed markets, but they may come back into fashion.
Goldman Sachs and Societe Generale aren't backing down on their recommendations against investing in gold.
U.S. crude tumbled, as builds in domestic stockpiles and a strong dollar outweighed worries over tougher U.S. sanctions on Russia.
Jerome Kerviel, the former Societe Generale trader who brought the bank to the brink of collapse in 2008 has been sentenced to at least three years in jail but will shed the title of “most indebted man on earth” after six years of legal battles.
Tan Su Shan, MD & Group Head of Consumer Banking and Wealth Management at DBS, discusses the bank's decision to buy Societe Generale's Asian private banking business.
The chief executive of Société Générale, said he is committed to keeping links between Europe and Russia strong, in light of the crisis in Ukraine.
Frédéric Oudéa, CEO of SocGen, says the company is "committed" to the Russian market despite the tensions between Russia and the European Union over Ukraine, and the threat of sanctions.
The U.S. dollar was supported by hopes U.S. job growth would pick up in the wake of last week's data.
Ralph Janvey has spent years searching for billions lost in the Stanford Ponzi scheme. CNBC's Scott Cohn sits down with him in an exclusive interview.
European stocks closed higher on Tuesday, after Vladimir Putin stated that any use of force in Ukraine would be a last resort.
Stock markets extended gains on Tuesday as Russian President Vladimir Putin quelled fears of immediate conflict in Ukraine.
European stocks closed sharply lower on Monday, with investor sentiment curbed by the growing instability in Crimea.
Analysts are concerned that Matteo Renzi may need superhuman strength to maintain his bold reform plans.
Gold may extend gains to fresh three-month highs this week, on mixed U.S. data, though some warn the rally may be capped around $1,350.
China's central bank is trying to take the punch bowl away from banks, but latest surge in bank lending figures show otherwise.
DBS Group Holdings posted a 6 percent increase in core quarterly profit, missing expectations as it took higher provisions for bad debt charges.
U.S. oil rose, but data showing a larger-than-expected build in oil inventories pulled prices off their highs.