The Greek government has hired investment bank Lazard, a sign that Syriza is serious about restructuring its debt pile.» Read More
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.
The best way to get exposure to emerging markets may be to invest in the affiliates of multinational corporations that are listed on local exchanges, a new study suggests.
Wells Fargo plans to purchase European bank assets in order to increase the size of its wealth management and insurance divisions, CEO John Stumpf said.
As ten enforcement agencies throughout the globe have been investigating a possible Libor rates fixing scandal for up to eighteen months, what regulators were looking for "doesn't seem to be what they are now encountering in terms of potential abuse," Megan Murphy, investment banking correspondent for the Financial Times, told CNBC.
Computers and Bloomberg terminals dominate trading floors, but the human element remains a crucial feature of transacting across derivatives and other parts of the global financial system, the Financial Times reports.
Global hedge fund assets are off to a fairly good start this year, with a total of $2.01 trillion in assets under management, and a global median up 1.52 percent since January 1 — according to Deutsche Bank's Monthly Hedge Fund Trends Report February 2012.
Moody’s will likely downgrade some of the credit ratings of 17 global and 114 European financial institutions, but the downgrades likely will not result in a worse-case scenario, one analyst told CNBC.
UBS has suspended some of its most senior traders in connection with an international probe into the possible manipulation of interbank borrowing rates, in the latest controversy to hit the Swiss bank since the financial crisis, the Financial Times reports.
The natural-gas company shares are hard to love these days, but there are still angles to be played. Long-term investors point to optimism about the importance of U.S. natural gas supply in a global context, while short-term natural gas pricing weakness is also seen as a way to identify contrarian bets.
Won't Get Fooled Again: I was 15 when the iconic Who album came out in 1971, and bought it. So, apparently, did some of the euro zone ministers. The ministers are no longer being fooled.
Citigroup was forced to write off $50 million after two traders accused of attempting to influence global lending rates left the bank, according to people familiar with a worldwide investigation that is gathering pace, the Financial Times reports.
More than a dozen traders and brokers in London and Asia have been fired, suspended or put on leave by their employers as a multinational probe into alleged manipulation of crucial global lending rates accelerates, the Financial Times reports.
Casino operator Caesar’s Entertainment, which holds its IPO on Wednesday, might not be a good bet for everyone, one analyst said.
As part of Tuesday’s offering, it will sell only 1.8 million shares to the public – a small 1.4 percent of the company. A select group of co-investors will also be allowed to sell a block of roughly 11 million shares once the stock opens for trading.
Stocks ended narrowly mixed in a lackluster session Thursday following a handful of mixed earnings reports, decline in weekly jobless claims and ahead of the government's monthly employment report due Friday morning.
U.S. stock index futures turned positive Thursday following news that jobless claims fell and as investors digested a handful of mixed earnings news.
Wall Street is losing confidence in online recruiter Monster Worldwide, as the company struggles to find its footing in the rapidly changing market.
A new employment report is on the way, and this strategist sees a trading opportunity.