The Financial Industry Regulatory Authority said Thursday that it fined 10 banks over conflicts from the 2010 planned IPO of Toys"R"Us.
The New York banking regulator is investigating if banks used algorithms to manipulate foreign exchange rates, a source told Reuters.
Traders should tread lightly around energy and industrials and look to banks and retail for returns, Deutsche Bank strategist David Bianco says.
The New York financial community raised more than $26 million for Jewish causes in one of the single largest charity events of the year.
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.
The U.S. dollar reached fresh multiyear highs on Friday after a stronger-than-forecast November U.S. jobs report.
JPMorgan retained its crown as the top performing investment bank in the first nine months of the year, with revenue of $17.1 billion year-to-date.
Shane Oliver, Head of Investment Strategy & Chief Economist at AMP Capital Investors, outlines his expectations for the central bank after it left rates on hold at 2.5 percent on Tuesday.
Despite Wall Street's record-setting ways, one market watcher is calling this bull market the most hated. But he added that it should not be.
Alibaba wowed the markets Thursday with its ground-breaking US$8 billion debut dollar bond.
The US dollar has recovered from session lows of 117.75 yen, while the euro fell slightly from around $1.255 to $1.245.
Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US$8 billion in size.
Nordstrom bucked the trend of lower sales in department stores, while Cosi joined other restaurants in pointing to high food costs for its earnings miss.
Aspiring M&A bankers hoping to bank the bucks should angle for a job at Credit Suisse or Deutsche Bank, according to a salary benchmarking site.
Regulators worked late to announce a multibillion-dollar settlement with five global banks to resolve charges of attempted currency manipulation.
The countdown has begun for the launch of the Shanghai-HK stock connect, but how can investors position for the milestone cross-border trading link?
Germany is home to Europe’s best-paid bank CEO, according to a ranking that shows little correlation between executive pay and shareholder returns.
High energy prices are a key reason why Europe’s economic recovery has lagged the U.S., the joint head of Germany’s largest bank told CNBC.
Juergen Fitschen, co-CEO of Deutsche Bank says that Europe face "one big disadvantage" versus the U.S. - the price of energy.
Wall Street recruiters aim to hire military veterans in a bid to help them adapt to civilian life.