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
U.S. securities regulators issued an emergency rule Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac.
Fearing the two largest U.S. mortgage finance companies need a government bailout, investors pushed stocks lower Friday. What's the "Word On The Street?"
U.S. private equity house Lone Star could offer shares in Korea Exchange Bank in a block sale if the pending $6.3 billion deal to sell control of KEB to HSBC falters, KEB's chief executive said on Thursday.
HSBC, the giant London-based bank, has moved its North American headquarters to a sprawling facility that it bills as carbon neutral in this hamlet about 30 miles north of Chicago, The New York Times reports.
The Dow closed higher Tuesday after GM surprised Wall Street with stronger-than-expected June sales and financial shares reversed earlier losses. What's the "Word on the Street?"
After hours Morgan Stanley recommended investors buy Lehman Brothers stock and set a price target of $31. What's the "Word on the Street?"
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
Better keep your wits about you, it looks like we’re entering bear territory. What's the "Word on the Street?"
1) Reliance Steel just jumped 5 percent as they updated guidance, raising it 30 percent from previous guidance, due to much higher increases in carbon steel prices.
A South Korean high court on Tuesday cleared U.S. private equity house Lone Star of manipulating the stock price of a former credit card unit of Korea Exchange Bank, rejecting an earlier ruling.
More Wall Street firms, facing the specter of tougher regulation and slumping capital markets, will follow the path of Bear Stearns and be forced into the arms of deposit-rich commercial banks, veteran banking analyst Charles Peabody told Reuters.
As discontent grows inside Lehman Brothers over the firm's financial problems, pressure is building on Chief Executive Officer Richard Fuld to sell the securities firm to a bigger player, CNBC has learned.
With the tear that Talbot’s stock price has been on, I think that it is safe to say that investors like what they heard from CEO Trudy Sullivan yesterday. Still that $50 million credit facility that it secured from Japanese retailer Aeon (also TLB’s largest shareholder) is a relatively small step in what will be a big turnaround project.
HSBC, Europe's biggest bank, might consider pulling out of a $6.3 billion deal to take over South Korea's No. 6 bank, Korea Exchange Bank, its Asia chief said on Wednesday.
Some of the nation’s biggest banks have closed their doors to students at community colleges, for-profit universities and other less competitive institutions, the NYT reports.
The chief executive of Europe's biggest lender on Tuesday called on central bankers to raise interest rates in order to combat inflation.
HSBC said on Monday it was committed to a $6.3 billion takeover of South Korea's No. 6 bank, but warned it would not wait forever for approval of a deal seen as a major test of the country's openness to foreign investors.
Stocks started the week off higher, led by financials and technology stocks. RIMM and MBIA rose, while HP declined.
Stocks started the week off higher as the dollar rose to a two-month high and oil receded. MBIA bounced despite reporting an astouding quarterly loss.
HSBC writes down $3.2 billion in bad debt and says 5% of US mortages are 2-months or more overdue. But profit, shares rise.