HSBC has sounded out investors about a flotation of its U.K. arm, in a move that would realize value from its high street banking business.» Read More
CNBC's Eamon Javers reports the big bank will pay a total of $454 million to settle allegations that it tried to manipulate Libor rates.
Barclays will reportedly pay $200 million in penalties to settle a Libor probe. "These Libor rates impact the credit rates, the interest rates that people pay for everything," says Bart Chilton, CFTC commissioner, explaining how Barclays allegedly manipulated the Libor rate and the CFTC's plans to prevent this from happening again.
CNBC's Eamon Javers has the latest details on Barclays' reported agreement to pay $200 million in penalties to settle a Libor probe.
CNBC's Eamon Javers reports Barclays is close to a settlement to pay $200 million in a civil monetary penalty to settle Libor probe.
Top U.S. and European bankers, including JPMorgan Chase’s Jamie Dimon and Citigroup’s Vikram Pandit, have enjoyed double-digit annual pay rises averaging almost 12 percent, despite widespread falls in profits and share prices, FT research shows.
The Federal Open Market Committee is beginning a two-day meeting, and these strategists have a trading plan.
Many people have left careers in finance and found fulfillment with others, and many say their background gave them an edge in a new venture.
Wondering which European currency is safe at this point? Choose carefully.
Shares of AOL are on a tear and the stock is hitting a 2-year high. Anthony DiClemente, Barclays managing director, explains his take on the company's sudden turnaround.
Barclays is selling its $6.1 billion stake in BlackRock, with plans to use the cash to help boost its profitability and offset regulatory changes. Jerry del Missier, Barclays co-CEO.
The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.
Check out which companies are making headlines after-the-bell Thursday:
Take a look at some of Friday's midday movers:
Facebook is ready to launch its IPO road show as early as Monday, according to people familiar with the matter, if no last-minute red flags from the Securities and Exchange Commission are raised.
Barclays Capital downgraded Expedia despite its "high flier" status this year. Anthony DiClemente, Barclays, offers insight.
"Without knowing why or how, we seem to have hatched our own oligarchs, and we stand aghast and bewildered at this flock of monstrous cuckoos," author Ferdinand Mount writes.
Allscripts shares plunge in a slew of bad news, Amazon shoots up of blowing out earnings, SBux matches but shares fall, Europe’s debt woes weigh on the market.
Shareholders in Barclays have forced the British bank to accept tougher bonus conditions and promise higher dividends, highlighting how the balance of power between investors and managers is shifting at some of the biggest global banks, the FT reports.
The Australian and New Zealand dollars often move in tandem, but these strategists have picked a favorite.
Stocks closed mixed Monday, with the Dow edging closer to the psychologically-important 13,000 level and the S&P 500 holding near its key 1,370 level, but gains were limited as the Nasdaq was dragged down by heavyweights such as Apple and Google.