Barclays announced a number of promotions in its investment bank's management on Friday as it continues a review of the division.» Read More
More than a year after the collapse of Lehman Brothers, former Treasury Secretary Hank Paulson admitted that saying the bank would not get a bailout, was a ploy in the negotiations over the failed institution.
There is no evidence to suggest that big is bad in the financial sector and regulators should not seek to break up the large banks, Bob Diamond, president of Barclays, told CNBC Wednesday.
President Obama wants to cut down to size those too-big-to-fail banks. But his vow on Thursday to rewrite the rules of Wall Street left many questions unanswered, the New York Times reports, including the big one: Would this really prevent another financial crisis?
Specialist business continues to consolidate: LaBranche trades up 30 percent after the close, in a deal that makes Barclay's designated market maker unit the largest DMM at the NYSE.
Specialist firm LaBranche halted for News Pending. Rumors that the firm has been for sale has been around for months now....
When General Electric was forced to call in Warren Buffett to help it raise money on in the international capital markets on Oct. 1, 2008 the entire corporate landscape changed.
After Alcoa kicked off earnings season with a miss, will profits and outlooks will be strong enough to extend the market's advance?
Bolstered by low rates and strong demand, companies and others have been rushing to issue a near record level of new debt since the start of the year and the trend should continue for now.
The list includes the familiar as well as those under the radar, but which ones have the most pull? Click for the top 10!
U.S. jobless claims rose more than expected last week—by 17,000 to 474,000—after five straight weeks of declines. Art Cashin, director of floor operations at UBS Financial Services, shared his market insights.
The white knights that came to the rescue of banks during the financial crisis are going home, with their pockets full of bounty from their good deeds, reports the New York Times.
And you thought the US sector was bad.
Uh-oh, looks like big sales are coming. November Retail comp store sales are disappointing. RetailMetrics started off the month estimating gains of 2.6 percent for November compared to the same period last year, but by the end of the month it was down to 2.2 percent, and the final numbers may be even worse. It looks like about 75 percent are missing expectations; normally 60 percent beat expectations. Ugh!
Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren't doing enough to help borrowers at risk of losing their homes.
As global markets digest Dubai's debt announcement, investors are wondering: Is it time to dump equities? Don Bertrand, vice president of WealthTrust-Arizona, and Kelly Campbell, founder and principal of Campbell Wealth Management, offered their takes on the shifting market environment.
The fact that Dubai has been struggling under huge debts is not a surprise to anyone who has followed the Emirate’s economy over the last 10 years.
Corporate bond market hot: what's up? While equity trading volumes have dried up in November, stock traders are talking about the avalanche of corporate bond issuance this month.
U.S. producer prices rose more slowly than expected in October despite a rebound in food and energy costs, according to a report on Tuesday. Bruce Kasman, chief U.S. economist at JPMorgan, shared his view.
Cautiously optimistic comments from two British banks this morning: HSBC earnings were better than expected and the tone of the report was upbeat, with bad loans down. Barclays said it expects loan losses to peak in the first quarter of 2010.
Banking group Barclays PLC reported Tuesday a 29 percent fall in net profit for the first nine months of the year as rising provisions for bad debts outweighed a strong performance in its investment banking arm.