Charles Bobrinskoy, Ariel Investments, and Tony Scherrer, Smead Capital Management, discuss the weak financial sector and whether there will be a rebound in the second half of the year. » 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.
As U.S. and European banks drop out of commodity trading, Russian, Chinese and Gulf state firms are filling the gap.
Textron said it will buy aircraft maker Beechcraft for about $1.4 billion in cash, in a deal that sees Textron expand its aviation business.
Investors may be jittery over rising Treasury yields, but stocks will still climb and some sectors will get an extra fillip, a private banker said.
Federal Judge Jed S. Rakoff spoke exclusively with CNBC in some of his first public comments following his controversial essay in January.
U.S. and Europe fined banks record amounts this year, imposing penalties and settlements of more than $43 billion.
More firms are inviting hedge fund managers with activist ideas of returning capital and business spin-offs to join company boards, the FT reports.
Banks like Chase and Citibank could hit Target to help pay for the cost of cleaning up the mess its data breach caused.
Chase said it will raise limits on credit cards affected by the Target breach. Chase customers will now be able to withdraw $250 in cash and spend up to $1,000.
JPMorgan Chase notified customers who used debit cards at Target stores during the recent security breach that it limiting use of the cards.
Gávea Investimentos feels upbeat about beaten-down Brazilian stocks rebounding in 2014.
After his conviction Wednesday on criminal insider trading charges, Michael Steinberg could be hit with millions in unexpected legal fees.
Mark Zuckerberg and dozens of banks must face a lawsuit accusing Facebook of misleading investors about its health before its $16 billion IPO.
After months of speculation, the Federal Reserve, citing a stronger economy, said it will cut its monthly bond buys to $75 billion from $85 billion.
William Morris Endeavor Entertainment is near a deal to acquire peer IMG Worldwide for around $2.3 billion.
JPMorgan CEO Jamie Dimon has sent out his holiday card, featuring his family and a lot of bouncing tennis balls, reported the news website Quartz.
College costs are sky-high and rising; "superfunding" is the new way to save for them, according to a JP Morgan Asset analyst.
Comcast is examining three scenarios for a potential deal with Time Warner Cable, including a full takeover bid.
In a shift of rainmakers on Wall Street, asset and hedge fund managers are edging out bankers when it comes to the size of year-end bonuses.
JPMorgan Chase & Co, which is pushing to simplify operations, has put up for sale its Asia-based unit that makes investments in mid-sized companies.