A New York banking regulator's probe of Barclays' forex business is holding up a settlement of currency rate-rigging allegations, the FT reports.» Read More
With interests in real estate, airlines, energy and telecommunications, the Syrian regime is believed to control a fortune worth billions.
While regulators were quick to crow and politicians quick to gloat over JPMorgan Chase's most recent troubles, banking analysts largely shrugged.
Stocks closed near session lows Thursday, with the Dow and S&P 500 easing off their all-time highs, as investors largely shrugged off a batch of upbeat economic reports and a day after the Federal Reserve surprised global markets by maintaining its bond-buying program.
The bank sent 60-day notices of displacement to 1,800 employees across the country, citing a slowdown in activity throughout 2012 and early 2013.
JPMorgan Chase has admitted guilt in the 'London Whale' trading scandal, and will pay $920 million in fines. But the story won't go away.
Futures were higher Thursday, with major averages looking to extend their gains from the previous session's sharp rally after the Federal Reserve surprised markets by opting to maintain its $85 billion-per-month asset purchases.
Chrysler Group is late in the stages of preparing its offering documents, and JPMorgan Chase is expected to underwrite the IPO.
U.S. chief executives were less optimistic about the economy in the third quarter, with fewer expecting to increase sales or boost capital spending than in the preceding three months.
U.S. prosecutors are still investigating JPMorgan's London Whale" trading scandal for potential criminal wrongdoing.
The SEC, which has actively pursued actions by US banks, is broadening its reach by asserting its purview to foreign hedge fund managers.
Janet Yellen is largely considered the top pick for Fed chair, which is probably making her blush like pasta in pink sauce.
It's "incredible that the 'London Whale' himself ... got a deal from the government," a defense attorney says.
The timing of Microsoft's dividend announcement is not accidental. It is having its Financial Analyst Day this Thursday.
Stocks eased off their best levels Monday but still finished sharply higher, boosted by news that Larry Summers had pulled out of the race to be the next head of the Federal Reserve. Still, the Nasdaq finished lower, dragged by sharp losses in Apple.
JPMorgan Chase is close to reaching settlements of roughly $800 million in fines related to its London Whale trading loss.
The authors of the financial reform law spoke to CNBC about the problems and missteps that led to the 2008 financial crisis.
One of the toughest truths about investing is that no one has any idea what the market may do in the short term.
A lawyer for a former JPMorgan employee who worked with the "London Whale" wants prosecutors to drop criminal charges against Julien Grout.
The firm's relentlessly bullish view of the market and economy didn't play well during a visit the firm's strategy team is paying to Asia.
Some Wall Street watchers say the seeds of another crisis or massive bailout don't lie in bank rules or regulations. It's about ethics.