RadioShack is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP it tries to avert bankruptcy.» Read More
So-called living wills submitted by big banks are "not credible" and have to be revised by next July, federal regulators said on Tuesday.
Goldman Sachs is cutting off some hedge fund clients and even pulling cash from its own hedge funds as it looks to cope with tough new banking rules.
Any relief from a correction may give way to listless trade, writes CNBC's Karen Tso.
SAO PAULO, Aug 4- Itaú BBA hired former Citigroup Inc banker Francisco Salas to head its investment banking unit in Mexico, as the Brazilian wholesale and investment bank seeks to expand financial advisory services in Latin America's second-largest economy.
The ISDA on Friday effectively declared Argentina in default, which could trigger payments worth up to $1 billion on credit default swaps.
One of the most surprising aspects about Argentina’s default on its debt this week was the lack of market impact on other emerging economies.
CNBC takes a quick look at dark pool trading platforms and why they have come under investigation.
Aurelius, along with hedge fund Elliott Management, is firmly holding out on a debt agreement with Argentina.
Swiss bank Credit Suisse became the latest major European bank to say it was caught up in an investigation into alternative trading venues known as dark pools.
*New South Wales wants $10 bln for 49 pct of electricity network. Rooftop solar installations are booming and on-grid energy use is falling just as the government of New South Wales state prepares to offer a 49 percent stake in its electricity distribution network for around $10 billion, likely to one or more strategic investors.
Mirror, mirror on the wall, who's the fairest financier of them all? An analysis of one dating app's data breaks it down.
European shares closed higher on Tuesday, as investors reacted to corporate earnings while keeping an eye for fresh sanctions against Russia.
Tom Naratil, UBS CFO, discusses UBS's settlement with Germany on tax evasion charges.
Tom Naratil, UBS CFO, discusses robust growth in UBS's wealth management division.
UBS posted a second-quarter net profit of 792 million Swiss francs, as it booked a $280 million charge to help settle litigation in Germany.
Sergio Ermotti, CEO of UBS, says the company will have to "respect" any sanctions imposed on Russia but the Swiss bank is "committed" to the country's clients.
Sergio Ermotti, CEO of UBS, says the 1.1 billion euro guarantee payment demanded by French authorities in relation to allegations of money-laundering isn't justified.
Sergio Ermotti, CEO of UBS, says the Swiss bank's business model is working in "tough market conditions" as it posted a second-quarter net profit of 792 million Swiss francs ($875 million).
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend three years on probation and pay a $10,000 fine by U.S. According to court papers he has also agreed to pay Bank of America $890,000 and settle related U.S. Securities and Exchange Commission civil charges.