Singapore-based wealth managers face a more immediate threat as Asian countries look to chase undeclared money in the low-tax city state.» Read More
The yen gained sharply against both the dollar and euro on Tuesday as investors sought the traditional safety of the Japanese currency.
A decade after splitting two railroad manufacturers from the same company to promote competition, China now wants to recombine them. The Financial Times reports.
China's shadow banking sector is growing rapidly despite tightened rules, taking advantage of a regulatory anomaly to prosper.
A month after the Shanghai-Hong Kong trading link opened, demand has subdued and most activity has come from short-term speculative traders.
Owner of Dalian Wanda says China's era of rapid urbanization will end within a decade, so he is looking to shift toward tourism and entertainment.
The U.S. dollar slipped against major currencies on Tuesday on expectations that the Federal Reserve would take a cautious tone.
JPMorgan retained its crown as the top performing investment bank in the first nine months of the year, with revenue of $17.1 billion year-to-date.
Chinese brokers have seen a surge of new stock investors and a dramatic spike in turnover on soaring local bourses, in response to government policy measures.
Some of the names on the move ahead of the open.
Aspiring M&A bankers hoping to bank the bucks should angle for a job at Credit Suisse or Deutsche Bank, according to a salary benchmarking site.
Singapore's economy has managed slow-and-steady growth despite a mediocre global view, but high household debt may come back to haunt the city-state.
In the wake of a massive settlement, CFTC chief Timothy Massad tells CNBC areas of bank industry need increased oversight. Get the details.
For banks at the center of the recent foreign exchange investigation, paying the $3.4 billion in fines might be the easy part.
U.S. Treasurys gained on Wednesday morning, with longer-dated notes rising faster than shorter ones.
The inquiry into alleged manipulation of the currency market now takes in the world’s biggest banks, traders – and now the U.K’s central bank.
European shares closed lower on Wednesday, with investors shunning banking stocks after regulators announced penalties.
Wall Street looked set for a lower open to trade on Wednesday, ahead of a final burst of earnings for the third quarter.
These are the stocks posting the largest moves before the bell: BZH, YHOO, AOL, SEAS, AGN, WMT & more.
Financial regulators on both sides of the Atlantic imposed multibillion-dollar fines on five global banks for rigging key foreign exchange markets.
Regulators worked late to announce a multibillion-dollar settlement with five global banks to resolve charges of attempted currency manipulation.