The FDIC sued 16 of the world's largest banks on Friday, accusing them of collusively suppressing interest rates, Reuters reported.» Read More
April 2nd could be remembered as a pivotal day in the financial crisis. That’s when regulators could decide whether to relax mark-to-market accounting rules.
Following are the week’s biggest winners and losers. Find out why shares of Caterpillar and Hewlett-Packard popped while Dynegy and Accenture dropped.
Following are the day’s biggest winners and losers. Find out why shares of Raytheon and Red Hart popped while Wells Fargo and Yahoo! dropped.
Stocks rallied for a second straight day on Thursday on increasing optimism that the economy's worst days are over.
The desire of many banks to give back TARP money—and the lack of a process to do so—is again a topic of converstation on trading desks this morning.
Following are the day’s biggest winners and losers. Find out why shares of JPMorgan and CME Group popped while H&R Block and Harris Corp dropped.
Britain's tax office said Tuesday it is investigating claims by a whistleblower that Barclays, the country's third largest bank, has allegedly been planning to dodge taxes.
Following are the day’s biggest winners and losers. Find out why shares of Barclays and DuPont popped while Pfizer and General Motors dropped.
With the stock market unable to hold gains Monday, investors are wondering if the recent rally has any more room to go. One analyst suggests it's only just begun.
Stocks snapped their winning streak Monday after American Express reported that credit-card deliquencies rose in February. Techs were particularly weak amid worries about tech spending.
Stocks advanced Monday as banks continued their winning streak and Federal Reserve Chairman Ben Bernanke's weekend remarks that the recession could end this year fueled some optimism. But weakness in big-name techs dragged on the Nasdaq.
Stocks opened higher Monday as banks continued their winning streak and Federal Reserve Chairman Ben Bernanke's weekend remarks that he expects the economy to start recovering next year spurred optimism.
Bernanke is scoring big points on Wall Street for his 60 Minutes interview last night - his belief that the recession may end this year, but more importantly he laid out why stabilizing the financial sector is critical and why the government needs to continue to maintain a VERY aggressive approach to the crisis.
Stock index futures indicated a higher open for Wall Street, with investors optimistic after Federal Reserve Chairman Ben Bernanke said he expected the economy to start recovering next year.
AIG, the insurance giant that received taxpayer-funded bailouts worth $173 billion and sparked a political storm with its plans to pay $165 million in bonuses, revealed the list of its counterparties.
Barclays shares jumped Tuesday as Credit Suisse upgraded the stock to "outperform" from "neutral", saying there are chances the bank will use the government's asset protection scheme.
A long-running lawsuit brought by Enron investors against three financial firms over their dealings with the collapsed energy trader has been dismissed by a federal judge in Houston.
JP Morgan has put Bear Wagner Specialists up for sale, CNBC has learned. Barclays is the potential bidder according to the Wall Street Journal.
Bank of England governor Mervyn King warned Thursday that Britain's troubled banks may need to tap the government for more money to shore up their battered finances and downplayed fears that measures to boost the money supply will stoke inflationary problems in the future.
Negotiation remains at the very temporal core of the global financial markets and Sir Fred executed his perfect right to haggle for as much cash as he could from his paymasters when he took the helm of Royal Bank of Scotland in 2000.