Many stock markets around the world are at or near their highest levels ever, so perhaps a correction is on the cards. The asset class that benefits most in this environment is fixed income.» Read More
US lawmakers and regulators have attacked London as a source of financial crises and promised tougher crossborder rules in the wake of $2 billion of trading losses at the UK unit of JPMorgan Chase., the FT reports.
When Mitt Romney picks his running mate, odds are he'll select someone with far less wealth than his own. Unless he chooses Meg Whitman, one of the richest women in America.
If you’re somewhat optimistic, if you think the tape will hold, the Fast pros say the following stocks belong on your radar.
US manufacturers have attacked plans by JPMorgan Chase to launch an exchange-traded fund backed by physical copper, arguing that the product would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”. The FT reports.
Breaking down the debt crisis in Europe, with Anshu Jain, Deutsche Bank's incoming CEO. "I think the [banking industry], in some ways, let a lot of people down and now we have to make up for that," he says.
Trans-Atlantic tension in JPMorgan Chase’s chief investment office in 2010 and 2011 contributed to the unit’s giant losing trades in 2012, current and former bankers said, The New York Times reports.
Check out which companies are making headlines after-the-bell Thursday:
Despite the prevalence of algorithmic trading, some traders are making a tidy profit getting the better of those systems, which can make costly mistakes if they are not set up correctly or if their trading patterns can be understood, the FT reports.
The euro's status as a reserve currency has provided key support. But it may not be as deep as it seems.
Morgan Stanley shares have had a rough 2012, underperforming those of major competitors by so large a margin that the bank is now lagging even perennial post-crisis losers Citigroup and Bank of America according to certain metrics.
Parallels are being drawn between Europe’s current debt crisis and Japan’s so-called Lost Decade, when the Asian country’s economy imploded in the 1990s. The NYT reports.
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.
Deutsche Bank strategists say the range-bound trading in the currency markets could be ending.
Talk to oil and gas industry veterans and they'll tell you, the U.S. is in the midst of an energy renaissance, with national oil production at a 12 year high, thanks to the boom in Shale oil production in places like North Dakota.
A lot rests on the Revel, a 47 story property with a mirrored facade reflecting the sand, sea and sky right at its doorstep. New Jersey lawmakers are hoping the 20 acre resort casino will attract the new clients and added gambling revenue Atlantic City so desperately needs.
Cloud computing has been all the rage recently in IPOs, but tonight a different IPO prices: a stock exchange! BATS Global Markets (ticker: BATS) plans to sell 6.3 million shares in the $16 to $18 range.
Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
There may be dueling analysts split on whether Statoil is a ‘buy’ or ‘sell’, but “Mad Money” host Jim Cramer comes down firmly in the ‘buy’ camp.
The tales from the tapes came 20 years ago: Bankers Trust execs spoke of “R.O.F” -- “rip-off factor” -- the amount the bank could take from unsuspecting clients. What are the lessons?
The selling wave that hit the Treasury market this week reflects an improving view of the U.S. economy and could be start of a period of slightly higher interest rates.