A unit of Guosen Securities said on Thursday it had not neared default on its offshore debt, the Financial Times reports. » Read More
New government rules make extra cash a burden for banks, which have urged major clients to take their deposits elsewhere or face fees, the WSJ said.
Activist investor Trian Fund Management secured another partial victory on Tuesday by landing a seat on the board of BNY Mellon.
Some of Tuesday's midday movers
Some of the names on the move ahead of the open.
The euro recovered lost ground in rangebound trade on Monday, boosted by weaker-than-expected U.S. housing data.
U.S. stock index futures are signalling a higher open following better-than-expected earnings and economic data from the U.S.
Performance for the third quarter could rest as much on what happened in the courtroom as the boardroom.
The dollar fell to a two-week low against the euro on Wednesday after the minutes of the latest Fed meeting focused on risks to the U.S. economy.
The dollar was back on the front foot against the yen and several other major currencies on Friday, on track for an 11th straight weekly gain.
Why are financial stocks the cornerstone of Warren Buffett's empire? His love of bank stocks can be explained in two key investing concepts.
Pres. Cristina Fernandez said her government will move its defaulted debt in Argentina or allow bondholders to swap their bonds for new bonds governed by national law.
Citigroup told the US appeals court that Argentina's banking license may be at risk as a result of the standoff between the country and hedge funds.
Argentina called on Washington to intervene in a court case over the country's defaulted debt.
So-called living wills submitted by big banks are "not credible" and have to be revised by next July, federal regulators said on Tuesday.
Aurelius, along with hedge fund Elliott Management, is firmly holding out on a debt agreement with Argentina.
Bank of New York Mellon, a key trustee of Argentine bonds, on Thursday notified bondholders that a payment deadline has elapsed.
Barring a last-minute change, Argentina is almost certainly headed for a technical default of its bond-payment obligations at 12:01 Thursday morning.
The "Fast Money" traders share their final trades of the day.
Settlement talks between Argentina and bondholders not part of the nation's past debt restructuring were pushed back one day, the mediator said.
A U.S. judge ordered Argentina and investors to meet "continuously" with a court-appointed mediator until a settlement is reached.