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  • The State-Boston Retirement System, the pension fund for Boston public employees, accused Bank of America Corp's Merrill Lynch unit, Citigroup Inc, Credit Suisse Group AG, Deutsche Bank, Goldman Sachs Group Inc, HSBC Holdings Plc, JPMorgan Chase& Co, UBS Group AG and 14 other defendants of illegally trying to profit on the sale of Treasury bills, notes and bonds at...

  • *U.S. banks seen winning share despite Europe markets boom. LONDON, July 23- While Europe's financial markets are buzzing with billions of dollars of stimulus from the European Central Bank, U.S. financial houses look set to be the biggest beneficiaries of the surge in business as European banks continue to retrench. The U.S. banks all clearly think there is more...

  • Credit Suisse: New CEO hints at capital-raising Thursday, 23 Jul 2015 | 12:49 PM ET
    The national flag of Switzerland flies above the entrance to a Credit Suisse bank branch in Bern, Switzerland, May 20, 2014.

    Tidjane Thiam, the new chief executive of Switzerland's second-biggest bank, said it "may need" fresh capital to help address issues.

  • European shares set one-week low, Aberdeen AM leads Thursday, 23 Jul 2015 | 12:43 PM ET

    *Aberdeen Asset Management down after update. LONDON, July 23- European equities slipped to a one-week low on Thursday, with disappointing updates from companies including Aberdeen Asset Management and British energy supplier SSE pressuring their shares. Aberdeen Asset Management was the biggest decliner in the FTSEurofirst 300 index after the fund...

  • Europe closes lower; earnings dominate Thursday, 23 Jul 2015 | 11:30 AM ET

    European stocks ended lower on Thursday, after a flurry of corporate earnings came out from across the region.

  • European shares fall after U.S. data, Aberdeen AM leads Thursday, 23 Jul 2015 | 10:03 AM ET

    *Aberdeen Asset Management falls after update. LONDON, July 23- European equities fell in late trading on Thursday, with disappointing updates from companies including Aberdeen Asset Management and British energy supplier SSE putting pressure on their share prices. Aberdeen Asset Management was the biggest decliner in the FTSEurofirst 300 index.

  • *Greece vote keeps bailout deal hopes on track. LONDON, July 23- Financial markets were relatively muted on Thursday, with a positive raft of corporate results in Europe and progress in Greece offset by mixed economic data and worries about growth in emerging markets. Worries over demand for commodities from markets such as China and the impact of an expected U.S....

  • *Credit Suisse gains 5 pct. LONDON, July 23- European shares edged higher on Thursday as Credit Suisse, Unilever and others reported better-than-expected results, as the quarterly earnings season accelerated in Europe. Credit Suisse Group AG was the top gainer, up 5 percent, after it posted better-than expected earnings and improved its capital cushion ahead of...

  • HONG KONG, July 23- Credit Suisse Group's Asia chief on Thursday said the Swiss bank would consider raising headcount or buying a smaller peer to build up its private banking business, in a region where pretax profit doubled in the first half of this year. Asia is the world's fastest-growing private banking market, driven largely by China's growing economic...

  • Credit Suisse posts strong Q2 profit Thursday, 23 Jul 2015 | 3:16 AM ET

    BERLIN— Swiss bank Credit Suisse Group AG says second quarter net income was a strong 1.051 billion Swiss francs after a large loss in the same quarter last year when it was fined in a U.S. tax case. The bank said Thursday the April-June results came amid a number of political and economic developments, with the global economy and oil prices showing signs of...

  • European shares up after Credit Suisse results beat Thursday, 23 Jul 2015 | 3:15 AM ET

    LONDON, July 23- European shares rose in early trading on Thursday on the back of better-than-expected results from several companies, including Credit Suisse, as the quarterly earnings season gathered pace in Europe. The FTSEurofirst 300 index of top European shares was up 0.4 percent at 0709 GMT. Credit Suisse Group AG was the top gainer, up 4.8 percent, after it...

  • NEW YORK, July 22- New York state's banking regulator, citing use of chat room transcripts to find evidence of wrongdoing, on Wednesday asked Symphony Communications Services LLC, a messaging and communications start-up, for information on the deletion and encryption capabilities of its products. Wall Street-backed Symphony markets instant messaging and...

  • NEW YORK, July 22- New York state's banking regulator sent a letter to Symphony Communications Services LLC on Wednesday requesting information on the Wall Street- backed messaging and communications startup's document retention features. The agency also said it would require banks it regulates, including Goldman Sachs Group Inc, Credit Suisse, Bank of New...

  • LONDON, July 22- Competition is ramping up in Britain's broadband market, where providers have cut prices in the last three months to combat a sales slowdown, according to the fourth biggest player TalkTalk, whose shares dropped sharply. TalkTalk, providing the first trading update for the three months to June ahead of rivals BT and Sky, said the overall broadband...

  • Banks back rival to Bloomberg messaging system Tuesday, 21 Jul 2015 | 8:36 AM ET
    Wall Street

    A messaging service for business is being launched by some of the world's biggest banks in a bid to challenge Bloomberg's dominance of the market.

  • WASHINGTON, July 20- Lockheed Martin Corp said Monday it would buy Black Hawk maker Sikorsky Aircraft from United Technologies Corp for $9 billion, cementing Lockheed's dominance in weapons making. The Pentagon's largest supplier called Sikorsky a "national icon" and said the net cost of the deal was around $7.1 billion, taking into account tax benefits.

  • *Gold's fall bottoms at 5- year low of $1,088/ oz. LONDON, July 20- Gold's latest slide has helped wipe out half the gains from the last decade's historic bull run, taking prices back to a key chart level on Monday and threatening a break towards $1,000 an ounce. Gold slid to a five-year low of $1,088.05 an ounce overnight in Asia, approximately a 50 percent retracement...

  • July 17- China may be throwing its all at the stock market not because that is its most important problem, but it's the one Beijing can most easily, if ham-handedly, control. Suspending trading in major issues, trapping investors, is easier, and quicker, than addressing the ways in which pledged shares are part of the expanding web of indebtedness in China.

  • Europe closes flat as Greece gets short-term aid Friday, 17 Jul 2015 | 11:30 AM ET
    German Chancellor, Angela Merkel

    European equities finished around the flatline on Friday, after the European Council approved a short-term loan to Greece.

  • Your mutual fund statement, explained by a robot Friday, 17 Jul 2015 | 10:12 AM ET
    Narrative Science

    USAA has made a big bet on startup Narrative Science, which turns mountains of data into reports that read like a person wrote them.