Barclays investment banking profits almost halved in the first half compared to the same period last year, as trading revenues slumped.» Read More
Think your BlackBerry or iPhone does everything already? Well it could do even more!
Three European banks have revealed capital-raising plans before the results of stress tests were due to be made public, the FT reports.
Are we looking at a wild ride on Friday afternoon? Results of European bank tests are due after Europe closes, but while we’re open!
The White House’s decision not to invite the chief executives of JP Morgan Chase and Goldman Sachs to today’s ceremonial signing of the financial overhaul legislation has many on Wall Street fuming.
Analysts have been more upbeat on company earnings. Investors don't share that sentiment. Here are the five companies whose share prices are most out of line with analysts' EPS upgrades over the past month.
Carlyle approached NBTY with an offer in early May, according to people familiar with the deal. NBTY moved to a limited auction, quickly after Carlyle jumped the process with a $55 a share offer. NBTY accepted, and has a 35 day go-shop.
Once again the traders are closely watching 1040 as a key level on the S&P. If the market closes above it, should you start buying?
Ignore the Street and listen to the markets. The price action in the stocks is telling you more than any research report.
If a certain Arkansas senator gets her way, you might want to consider buying a couple of European financials.
Britain’s competition regulator is opening a potentially damaging probe into the fees charged by investment banks on corporate share issues, ratcheting up the pressure on an already embattled industry.
The Qatar Investment Authority, a sovereign wealth fund, has expressed interest in buying part of the U.S. Treasury's stake in Citigroup, potentially boosting efforts to sell the shares amid the global rout in banking stocks, the FT reports citing people familiar with the matter .
Before his arrest on corruption charges, Wang Yi was not only a powerful financial official in the Communist party but also one of China’s most celebrated modern classical music composers. But since his detention and arrest last year, Mr Wang’s magnum opus – a symphony called Ode to China – has been dropped as a repertoire staple of the China National Symphony Orchestra and his compositions derided by formerly adoring media commentators and critics.
Stocks staged one of the most dramatic selloffs in market history Thursday as what may have been a trader error exacerbated losses in a market already jittery about the European debt crisis. The Dow ended down about 350 points and the VIX was above 34.
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?