The Financial Stability Board said work should also start on Libor alternatives, such as so-called "nearly risk-free reference rates."» Read More
The lawyers, accountants and restructuring experts overseeing the remains of Lehman Brothers have already racked up more than $730 million in fees and expenses, with no end in sight.
You’ve heard the expression sell in May and go away, well this year maybe we should change it to sell on April 30th and go away.
The euro stabilized after traders digested more information about the Greece bailout. Has the issue of contagion been put to rest? Or is there more downside?
The combination of low short-term interest rates and continued economic growth is a great reason to be bullish on the US markets, a top analyst told CNBC Tuesday.
Since the first widely accepted plastic charge card was issued in 1958 by American Express, the use of credit cards has skyrocketed. Check out the world's top 10 credit card issuers.
California has asked large banks that underwrite the state’s bond sales to detail their trading in credit default swaps on its debt, raising fresh questions about whether derivatives play a disruptive role in financial markets.
The S&P 500 has barely budged since hitting a 17-month high last week as volume continues to be light. Where is everybody?
Barclays Capital, the investment banking unit of Barclays Group, is considering a partnership structure a la Goldman Sachs and Lazard before the latter two went public, according to the Financial Times.
Barclays Capital, the fast growing investment banking arm of the UK’s Barclays group, is looking to recreate the partnership models of Goldman Sachs and Lazard before they became listed companies, the Financial Times reported.
If you're looking for a trading idea, you might want to check out regional banks or the retailers. Find out why!
Our traders are hearing that cash rich companies are ready to spend. Don't agree? Just take a look at some of the action that’s come down over the past few days!
The government's trash appears to be investors' treasure with AIG as well as Citigroup leading the markets higher. Is the trade fundamental or froth?
What must you know to trade this market? According to the Fast Money traders it's that deal making will be a big driver going forward.
Buzz on the Street suggests the gov't is going to off-load some of its stake in Citi after the lock-up expires. If the gov't is selling, should you be buying?
The Greek government's second bond auction of the year will be one of the key drivers of global markets over the coming days. While no date is yet set, Athens must raise significant funds via bond sales or face the prospect of default.
After years of profiting from debt-ridden credit-card holders, banks, faced with tight new regulations, are aggressively targeting wealthier card holders, to try to get them to pay more —and generate more revenue.
Stocks rallied Tuesday after a better-than-expected manufacturing report and some decent earnings reports. Merck and Chevron led the Dow. Kraft was the biggest drag.
With the euro appearing to stabilize on Tuesday, should you bet conditions in Europe are starting to even out. Or is this the calm before the storm?
Stocks rallied Tuesday after a manufacturing report blew past expectations and some decent earnings reports. Merck and Chevron led the Dow. Kraft was the biggest drag.
While the Greek stock market is down 2.4 percent this morning, most of the rest of Europe is up fractionally. China, Hong Kong, Taiwan and Malaysia markets are closed due to the Chinese New Year, while Brazil is in the middle of Carnival. Barclays rose 11 percent pre-open, as it reported profits nearly double that of 2008. And Simon Property Group made a $10 billion offer to buy all of General Growth Properties.