Two leading investment banks are looking to move into P2P lending, underlining the race to embrace of technology by even established financial institutions. The Financial Times reports.» Read More
It's not just Christmas decorations going up earlier these days. Fund managers and analysts are moving up their market outlooks for the new year.
Recent strong US data has fueled talk that the Federal Reserve could soon raise interest rates, depressing gold.
Perniciously low yields are driving investors ever further afield, but it isn't clear they should embrace beaten down markets behind the former iron curtain.
European shares closed mixed, as sentiment was boosted by speculation of more credit easing in the euro zone and positive data from Germany.
Indonesia may put the kibosh on its "fragile five" membership as its new president took bold action to eliminate most of its expensive fuel subsidy.
With the dust settling on the BOJ's surprise shock-and-awe easing campaign last month, the huge rally in Japan shares could stall.
Germany is home to Europe’s best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns.
Oil prices climbed about a dollar on Friday, driven in part by concerns about a collapse of the Ukrainian ceasefire and forecasts of unseasonable cold in the Midwest.
European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.
Asia's currencies are set for a beating, buffeted by the G3 central banks, a stronger U.S. dollar and newly volatile Chinese yuan, HSBC said.
Gold edged up slightly as the dollar eased after a sharp rally, but the metal continued to languish near its lowest level since April 2010.
Societe Generale highlights results in a "difficult environment" while rival Credit Agricole criticizes "lack of coherence."
Severin Cabannes, deputy CEO of Société Générale, says a worsening economic situation in Russia has not had a "significant impact" on the bank's activities.
Severin Cabannes, deputy CEO of Société Générale, says the European Central Bank is "doing the right job" but countries need to enact structural reform.
Severin Cabannes, deputy CEO of Société Générale, says the European Central Bank's stress tests were credible and will increase confidence in the region's banking system.
Global oil prices spiked at midday on Monday, with benchmark Brent turning positive after a big hike in Saudi Arabia's monthly export prices.
Volcafe, one of the world's leading coffee merchants, is betting on Chinese coffee beans.
DBS posted a 17 percent rise in quarterly profit, helped by its highest net interest margin though loan growth slowed to its weakest pace.
As the stand-off between HK's government and protesters continue, analysts warn the movement could cast a 'long shadow' over the city's future.
The dollar firmed for a second straight session on Friday after three days of losses, bolstered by worries about the health of the global economy.