Wall Street’s top banks bet on a bear market for bonds this year. But with bonds rising, some firms are worried about their bottom lines.
U.S. authorities negotiating with BNP Paribas over alleged sanctions violations at one point suggested it pay a penalty as high as $16 billion.
The court said Judge Jed Rakoff was wrong to require the SEC to establish the "truth" as a condition of approving the deal.
Australia's economy grew 3.5 percent in the first quarter on-year, above market expectations, data on Wednesday showed.
Subdued euro zone inflation data kept expectations of aggressive European Central Bank monetary stimulus alive, much of which is priced in.
Here's why Carl Icahn won’t likely be joining the Mount Rushmore of insider trading, says ex-Galleon trader Turney Duff.
Goldman Sachs is planning to increase the size of its commercial bank and wealth management division as part of a quest for growth.
Banking CEOs received an average pay rise of 10 percent last year as U.S. banks paid their heads more than their European rivals, the FT reports.
With Chinese consumption on the rise, which sector do you think will see the greatest demand over the next decade?
Many working poor Americans fall into the cycle of payday loans, which can trigger deeper debt. A search for financial solutions.
The City of Los Angeles has sued JPMorgan Chase, accusing the largest U.S. bank of engaging in discriminatory mortgage lending practices.
The yen levelled off on Friday but still looked set to rack up its best gains for months after a jumbled week of currency moves.
Politicians and many economists across Europe are convinced that a healthy small business sector is crucial to the region’s economic recovery.
Some of the largest U.S. companies are looking to hire cybersecurity experts in newly elevated positions and bring technologists on to their boards.
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.
Another big Wall Street bank is reporting problems with trading, raising questions over just how bad things are getting.
Citigroup's trading troubles are symptomatic of the problems confronting the Wall Street trading community.
Bond yields have stymied expectations they would rise and analysts seeking a reason may not need to dig deeper than simple supply and demand.
Looking at the price action in Bank of America on Tuesday, Jim Cramer thinks financials may be coming back into favor on Wall Street.
So far, Citigroup's second-quarter trading revenue has dropped 20 percent to 25 percent, said John Gerspach, the bank's chief financial officer