Sabre shares inched up 7 percent on its first day of trading.» Read More
Anshu Jain, co-CEO of Deutsche Bank, says ECB Chief Mario Draghi's unlimited bond purchases announcement has "galvanized" markets.
Despite evidence of slowing retail sales growth in China, high-end designers are still clamoring to enter the emerging market with the launch of a new luxury e-commerce website.
Deutsche Bank has announced it will claw back senior staff bonuses. It's not the first bank to do that; but there's a twist. John Singer, securities & employment attorney, and Jacob Zamansky, securities attorney, discuss.
Which locations have Wall Street companies chosen for their mid-level operations? Read ahead to find out.
Insight on the problems the European crisis is bringing to Deutsche Bank, with CNBC's Kayla Tausche.
Mild mannered Switzerland is putting downward pressure on the common currency.
USA TODAY reporter John Waggoner explains the Libor scandal and what it means to you.
Regulators are focusing on at least four of Europe’s biggest banks as they investigate the attempted manipulation of the region’s benchmark interest rate, The Financial Times reports.
They are supposed to be among Wall Street’s most closely guarded secrets: changes in research analysts’ views, up or down, of a company’s prospects. But some of the nation’s biggest brokerage firms appear to be giving a handful of top hedge funds an early peek at these sentiments — allowing them to trade on the information before other investors get the word, the New York Times reports.
Traders on Wall Street are always looking for how to get an edge and pull ahead especially in this catch-a-falling knife market. The latest secret weapon isn’t some complex trade or computer algorithm, it’s something more primal — testosterone.
As unemployment climbed and tax revenue fell, the city of Baltimore laid off employees and cut services in the midst of the financial crisis. Its leaders now say the city’s troubles were aggravated by bankers’ manipulation of a key interest rate linked to hundreds of millions of dollars the city had borrowed.
Investors yawned when the European Central Bank cut interest rates last week. This strategist says they were wrong.
Stocks eased off their worst levels in the final hour of trading, but still finished firmly in the red Friday on the heels of a disappointing June government jobs report.
Twelve large banks and brokers in Japan have been ordered by the country’s financial regulator to review their internal controls for handling sensitive information and report back on the results in a month as a crackdown on insider trading builds. The FT reports.
The market is reacting today to lower-than-expected ISM data. Joe Lavorgna, Deutsche Bank chief U.S. economist explains why he is bullish overall. "A lot of these numbers, I think, are sentiment oriented," says Lavorgna.
New York’s biggest investment houses are shifting jobs out of the area and expanding in cheaper U.S. locales, threatening the vast middle tier of positions on Wall Street.
Investor’s hopes and share prices rose Tuesday as Rupert Murdoch’s News Corp. announced that it is considering dividing the massive media conglomerate into two separate, publicly traded companies.
Moody’s Investors Service downgraded the debt ratings of 15 major international banks and securities firms on Thursday, a move that could cost the banks billions of dollars in extra collateral.
European shares were called to open lower on Friday after Moody’s Investors Service cut the credit ratings of 15 of the world largest banks on Thursday, citing volatile market conditions and their continued exposure to the euro zone sovereign debt crisis.
Michael Gayed, Chief Investment Strategist of Pension Partners says it's no surprise that U.S. banks face rating downgrades because they have underperformed S&P 500 Index.