HSBC, one of the biggest banks in the world, is relocating its U.K. retail and business head office from London to another U.K. city.» Read More
There is no evidence to suggest that big is bad in the financial sector and regulators should not seek to break up the large banks, Bob Diamond, president of Barclays, told CNBC Wednesday.
Better Place, the closely watched start-up that hopes to create vast networks of charge spots to power electric cars, is set to receive a vote of confidence on Monday, in the form of $350 million in new venture capital.
After Alcoa kicked off earnings season with a miss, will profits and outlooks will be strong enough to extend the market's advance?
What investing theme does Cramer say is the "best" he's ever seen in his life? It's the mobile Internet theme, and it's the latest in his list of the most important investing themes of the year. The same theme he's been highlighting all week.
Following are the day’s biggest winners and losers. Find out why shares of Continental Airlines and Las Vegas Sands popped while DuPont and Visa dropped.
On Tuesday Google stole the technology spotlight with the debut of a new smartphone. Is it a game changer?
The S&P closed lower on Tuesday as negative developments in global credit markets rekindled interest in the dollar, which in turn took down the commodities trade.
The Fast Money traders are closely watching the action in the dollar and what it's doing to commodity stocks across the board.
And you thought the US sector was bad.
As global markets digest Dubai's debt announcement, investors are wondering: Is it time to dump equities? Don Bertrand, vice president of WealthTrust-Arizona, and Kelly Campbell, founder and principal of Campbell Wealth Management, offered their takes on the shifting market environment.
The fact that Dubai has been struggling under huge debts is not a surprise to anyone who has followed the Emirate’s economy over the last 10 years.
Cautiously optimistic comments from two British banks this morning: HSBC earnings were better than expected and the tone of the report was upbeat, with bad loans down. Barclays said it expects loan losses to peak in the first quarter of 2010.
Lloyds Banking Group inched closer to plugging a capital gap of more than 20 billion pounds ($33 billion), boosting the British bank's shares on prospects a deal could happen before the year end.
In the summer of 2008, two months before Lehman Brothers filed for bankruptcy, Richard S. Fuld Jr., the firm's chairman, was continuing his desperate efforts to find a lifeline. They had begun in March, shortly after the demise of Bear Stearns, when Mr. Fuld called the legendary investor Warren E. Buffett seeking a capital infusion, to no avail. Lehman had raised money elsewhere, but that didn't help for long, and its condition again was worsening.
This week’s a very important week technically for the markets, said Scott Redler, chief strategic officer at T3live.com. He told investors what they should be watching out for throughout the week.
Despite rough economic data the bulls could not be held down and reversed a 100 point drop in the Dow. But that might not be such a positive sign after all...
Treasury Secretary Hank Paulson and Fed Chairman Ben Bernanke head to Capitol Hill to sell the $700 billion bailout plan. Warren Buffett invests $5 billion in Goldman Sachs. WaMu talks to suitors about a takeover.
So what are the most competitive global financial centers? Check out the Global Financial Centres Index and find out!
The global banking industry is a diverse landscape of financial services — consumer, corporate, investment — but with so many players in the marketplace, which are the best in each segment?