Some of the world's biggest banks have been hit with a 1.71 billion euros ($2.3 billion) fine for interest rate-rigging by traders.
A study shows half of hedge funds now sell products considered 'long-only' reflecting more conservative investor strategies in the market.
Hilton said its IPO would raise up to $2.37 billion, in what would be the biggest-ever hotel IPO and perhaps the second-biggest IPO of the year.
U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble.
Juergen Fitschen, co-CEO of Deutsche Bank, tells CNBC that the ECB should not implement negative rates and that banks should be penalized if they do not lend enough.
Charter Communications is nearing an agreement with banks to raise funds for a bid for Time Warner Cable, according to a report.
According to an internal memo, Forbes Media is exploring a sale, reports CNBC's Julia Boorstin.
The probe into foreign exchange manipulation has widened to include the world's biggest banks and actively traded currencies. The FT reports.
October's jobs report is expected to be one of the weakest of the year, distorted by the impact of the 16-day government shutdown.
A number of finance firms face billions of euros in fines next month from European Union regulators for colluding on global benchmark interest rates.
Shares in Thailand, already weakened by volatility in emerging markets over the past few months, are taking a hit from a new foe: forgiveness.
HSBC reported third-quarter underlying profit before tax of $5.06 billion in the third quarter, a rise of ten percent year-on-year.
In Hong Kong's prime retail districts, people are queuing to purchase high-end apartments with price tags of up to $4.4 million.
The new K900 might come as quite a shock. The big Kia sedan is expected to carry a price tag that could nudge up into the $70,000 range.
Barclays has suspended six traders in connection with foreign exchange trading, sources with knowledge of the situation told CNBC.
Fannie Mae sued nine banks accusing them of colluding to manipulate interest rates and seeking more than $800 million of damages.
Hammered by their role in the 2008 crisis and the rigging of the LIBOR, the global banking sector looks set to take another battering.
Barclays on Wednesday reported a 26 percent drop in third-quarter net profit to £1.385 billion ($2.22 billion) as earnings at its investment banking arm dropped sharply.
Stocks finished near session highs Tuesday, with the S&P 500 touching a fresh high and the Dow within 50 points of an all-time record, as investors looked ahead to the Federal Reserve's announcement.
U.S. stock index futures held their gains Tuesday, with the S&P 500 poised to hit a fresh high, despite a weaker-than-expected retail sales report and ahead of the Federal Reserve's two-day meeting.