• NEW YORK/ WASHINGTON, June 10- A former Rabobank NV trader pleaded guilty on Tuesday for his role in manipulating Libor, becoming the first person to admit guilt in a worldwide probe into alleged manipulation of interest rate benchmarks. District Judge Jed Rakoff in Manhattan, the U.S. Department of Justice said.

  • WASHINGTON/ NEW YORK, June 10- A former Rabobank NV trader on Tuesday pleaded guilty for his role in manipulating the Yen Libor benchmark interest rate, the U.S. Department of Justice said. District Judge Jed Rakoff in Manhattan, the Justice Department said.

  • Big boys tighten grip on fund-of-funds world Friday, 6 Jun 2014 | 1:06 PM ET
    J. Tomilson Hill, Blackstone Group

    Funds of hedge funds continue to lose assets, but a handful of top firms continue to consolidate market share.

  • HONG KONG, June 6- Shares in China's Qingdao Port International Co Ltd weakened in their Hong Kong trading debut on Friday amid concern that the company could be hurt by a probe into metal financing at the world's seventh busiest port.

  • PREVIEW-China May data to show economy still wobbly Wednesday, 4 Jun 2014 | 11:00 PM ET

    BEIJING, June 5- Stronger foreign and domestic demand probably helped to stabilize China's economy in May, boosting growth in exports, factory production and retail sales, a Reuters poll showed.

  • NEW YORK, June 2- "Dark pools" owned by five big banks account for around half of all trades on alternative trading systems, exchange-like trading platforms that critics blame for making the markets less transparent, according to a weekly report released on Monday.

  • NEW YORK, May 30- Twelve major banks asked a U.S. judge on Friday to throw out a consolidated antitrust lawsuit accusing them of colluding to rig prices in the $5 trillion- a-day foreign exchange market, saying the plaintiff investors had failed to properly allege the existence of a conspiracy.

  • Shareholder anger grows worldwide over bankers' pay Thursday, 29 May 2014 | 11:41 AM ET

    Investors rejected the pay plans of 10 of the world's biggest banks as anger over excessive bonuses soared in both Britain and the United States.

  • RBS to slash US mortgage business by two-thirds Tuesday, 27 May 2014 | 7:11 PM ET
    Man holding RBS umbrella.

    Royal Bank of Scotland will scale back business and cut hundreds of jobs in response to Federal Reserve regulations. The FT reports.

  • Obama sides with banks in Madoff dispute Tuesday, 27 May 2014 | 12:59 PM ET
    Bernard Madoff

    The Obama administration is siding with big banks in a dispute over their alleged role in the Bernard Madoff Ponzi scheme.

  • China shadow banking fears: Overblown or justified? Thursday, 22 May 2014 | 11:05 PM ET

    Concerns about shadow banking in China are overblown, the chairman of China Investment Corporation told CNBC.

  • This 'shadow' could be 2007 all over again: Cashin Thursday, 22 May 2014 | 10:18 AM ET
    Art Cashin

    Veteran trader Art Cashin identifies an issue he thinks could lead to another financial crisis if not handled properly.

  • 'No risk-on' sentiment from clients: UBS WM CEO     Thursday, 22 May 2014 | 4:20 AM ET

    Jürg Zeltner, CEO of UBS Wealth Management, says in the current investing environment, clients are not risk-on.

  • China's No. 2 e-commerce company priced its American Depositary Shares at $19.00 each, above the $16 to $18 per ADS indicated range, valuing the company at more than $25 billion, according to its underwriters. JD.com, which has forged a close partnership with Alibaba arch-rival Tencent Holdings Ltd, will raise $1.31 billion from the sale of 69 million ADS.

  • UBS: Need to lower market expectations this year     Wednesday, 21 May 2014 | 11:41 PM ET

    Mark Haefele, Global Head of Investments at UBS Wealth Management, discusses the outlook for markets as countries attempt to shift to economic-led growth from central bank stimulus.

  • *Credit Suisse will not hand over client data to U.S. WASHINGTON/ NEW YORK/ ZURICH, May 20- Credit Suisse saw little immediate impact on Tuesday after it became the largest bank in decades to plead guilty to a U.S. criminal charge and will pay more than $2.5 billion in penalties for helping Americans evade taxes.

  • Alibaba, JD set to duke it out in battle of IPOs Tuesday, 20 May 2014 | 8:50 AM ET

    While everyone is waiting for Alibaba to announce pricing terms, rival JD.com is set to go public this week.

  • WASHINGTON/ NEW YORK, May 20- U.S. prosecutors first raised the specter of a criminal plea by Credit Suisse Group AG more than two years after starting an investigation into whether the Swiss bank had helped wealthy Americans evade taxes.

  • India stocks are hot—the question is for how long Monday, 19 May 2014 | 2:18 PM ET
    A shopkeeper serves a customer in a local grocery store in the Kalahati market area in Siliguri, West Bengal, India. India's small shop owners are a voting block with real clout in India.

    India's stock markets have climbed 15 percent so far this year. Will Narendra Modi push them higher?

  • Investing in US tech? This index is the way to go Wednesday, 14 May 2014 | 6:37 PM ET

    Despite declines, U.S. tech stocks are worth backing if you're careful about how you define U.S. tech.