JPMorgan shareholders on Tuesday won court permission to pursue their lawsuit against the bank over a trading scandal» Read More
The talks failed amid concerns that the Argentine government has dug in to its refusal to pay certain creditors.
Banks are lobbying U.S. policy makers for a delay from a provision requiring them to sell investments in private-equity and venture-capital funds.
The British pound also falls on inflation, wages data, and the yen is subdued after Japan's Q2 GDP contraction.
Japan's economy contracted sharply in the second quarter, data on Wednesday showed, as a nationwide consumption tax that took effect in April dragged on its recovery.
Banking industry profits are soaring to near record levels, boosted by the fastest increase in lending since Great Recession, The Wall Street Journal reports.
U.S. stocks pared gains in light volume trading on Monday as investors looked for signs of easing in geopolitical tensions.
The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.
U.S. Senator Carl Levin is preparing a last push to bring Wall Street's big commodity traders to heel during his final months in office.
With volatility and geopolitical risks picking up this summer, some in the financial markets are questioning whether to put vacation plans on hold.
Russia is making it next to impossible to anticipate this market. Now what?
So-called living wills submitted by big banks are "not credible" and have to be revised by next July, federal regulators said on Tuesday.
Stocks declined on Friday, with the S&P 500 recording its worst week since 2012, on momentum from the prior day's rout.
The ISDA on Friday effectively declared Argentina in default, which could trigger payments worth up to $1 billion on credit default swaps.
The SEC conducted a dragnet to determine who inside the agency allegedly leaked information about the JP Morgan "London Whale" settlement.
The head of CFTC pledged he would be a tough cop now that the agency has finished a raft of rules to oversee the $710 trillion global swaps market.
Aurelius, along with hedge fund Elliott Management, is firmly holding out on a debt agreement with Argentina.
A U.S. district court in Manhattan has ruled that Bank of America must pay the U.S. government $1.27 billion in a Countrywide "hustle" fraud.
Point72 Asset Management, the revamped firm of the billionaire investor Steven A. Cohen, generated a profit of nearly $1 billion for the first half.
Geopolitical tensions are heating up globally, but it isn't clear investors should react, with markets not paying the conflicts much attention.
A JPMorgan Chase unit will pay $650,000 to resolve charges that it submitted inaccurate reports about positions held by some of its large clients.