Chi-Won Yoon, CEO, Asia Pacific at UBS, expects reforms in China's financial sector to continue and discusses the company's hiring practices in the mainland.» Read More
To prevent falling behind in capturing business in China, JPMorgan turned to a tactic used by rivals: hiring the children of China's ruling elite.
UBS and Bank of America are the only creditors to reach a settlement with Detroit to let the city out of $230 million contracts. The NYT reports.
The "Fast Money" traders weigh in on everything from the Fed decision to which is hotter for 2014 — Facebook or Twitter.
A former UBS and Citigroup trader pleaded "not guilty" in a London court to charges that he had sought to manipulate Libor benchmark interest rates.
JPMorgan Chase is banning the use of multidealer online chat rooms and the use of such chat rooms among staff for social purposes.
Gold prices may close the end year near $1,300 lifted by a “relief rally” if the Fed votes to keep stimulus measures intact, CNBC's survey shows.
Tom Naratil, UBS CFO, explains how the Federal approval of the Volcker Rule is likely to impact the financial sector. Naratil says his company actually adopted some of the changes a few years early.
The first Swiss banks have signaled their readiness to work with U.S. officials in a crackdown on wealthy Americans evading taxes.
Deutsche Bank's bid to revive its American wealth management unit is off to a rocky start.
The U.S. dollar will likely extend its rally against the Japanese yen this week after a forecast-beating November jobs report, a CNBC survey shows.
Goldman Sachs may be one of the last firms standing as a rocky romance between Wall Street and raw material markets turns sour.
In spite of see-sawing following Friday's non-farms report, gold looks poised for its first annual fall in 14 years, with bullion prices down 26 percent since the start of 2013.
China announced a sweeping package of economic and social reforms last month, boosting global sentiment towards Chinese investments. The FT reports.
After a judge ruled that the city can proceed with its historic bankruptcy, the stage is set for an epic legal battle over who helps pick up the tab.
Some of the world's biggest banks have been hit with a 1.71 billion euros ($2.3 billion) fine for interest rate-rigging by traders.
Despite high tax rates, states like New York and California remain alluring to the wealthy, topping the list of newly created multimillionaires.
A drop in gold prices below $1,200 an ounce may precipitate a fresh round of production cuts in the mining sector aimed at re-balancing the market.
Switzerland's chief executives await with bated breath a vote on Sunday to determine whether their monthly pay packets should be capped.
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.