Shares of OnDeck Capital, an online lender to small businesses, rose as much as 37 percent in their debut, valuing the company at up to $1.8 billion.» Read More
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.
The thousands of MF Global customers whose lives and businesses were derailed after $1.6 billion vanished in the collapse of the brokerage firm have now received offers to sell their claims and recoup nearly the entire shortfall, people involved in the negotiations said.
The current bull market, which turns three on Friday, enters its fourth year with still-skeptical investors asking the same question: Can it last? USA Today reports.
Cramer makes the call on viewers' favorite stocks.
Despite the lingering debt crisis and an incubating recession in many nations of the European Union, many global companies say they are maintaining or even increasing their investments in the euro zone and elsewhere on the Continent. The NYT reports.