A semi-secretive, but widely watched data analytics firm partially backed by the CIA has decided against going public, for now.» Read More
Wall Street commodity revenues crashed last year to their lowest on record, as tighter regulation and limited price swings squeezed the once dominant traders of Goldman Sachs Group, JPMorgan Chase and Morgan Stanley.
Unique among the banks, Bank of America actually came in higher than the Fed on trading losses.
When it comes to possible losses from corporate loans, no other bank even comes close to Goldman Sachs.
Stock futures, after a brief pop, went back to a modest gain on the U.S. jobs report; the usual concerns that the data are so good the Federal Reserve may stop easing.
Some of the names on the move ahead of the open.
The U.S. Federal Reserve is considering jettisoning a plan to eventually sell off the massive haul of bonds it is now buying, a politically defensive strategy that would have the added benefit of supporting the economy for years to come.
A slew of developments that might otherwise seem unrelated, in fact share something in common.
Stocks finished higher Thursday, with the Dow posting fresh all-time highs for the third-straight day, following an upbeat weekly jobless claims report and ahead of the widely-watched monthly government jobs data.
These two banks may find it hard to significantly increase dividends or buybacks.
Companies need workers. But they're not hiring them because of Obamacare and the sequester. Well some are...but it's complicated.
The Bernanke-Draghi put: still very real, still very effective. It's happening again: a central banker (Draghi) speaks, confirms he is keeping rates low.
The "Fast Money" traders name a few stocks to buy on a pullback.
In its end-of-month investor note Feb. 28, the hedge fund Third Point LLC listed the U.K. cable provider Virgin Media Inc. as one of its biggest winners.
Veteran bank analyst Richard Bove continues to be bullish on the banking sector.
In order to ensure they can withstand a severe economic crisis, financial institutions must have a "checkup."
When Berkshire Hathaway and co-investors were putting together the deal to buy Heinz, they wanted the right to terminate the acquisition if they couldn't finance it in the event that some of the biggest banks in the world went bust.
Some of the 30 companies in the Dow Jones industrial average are still down from their peaks, reflecting a move in financial power. The NYT reports.
Investors in U.S. bank stocks may be in for a volatile ride over the next two weeks as the Federal Reserve releases results of its annual stress tests of bank capital in two steps.
In an investor briefing to be distributed late Tuesday or Wednesday, John Paulson will reveal that his gold fund fell more than 10 percent for the first two months of this year, said people familiar with the numbers.
As the Dow roars into record territory, there's one sector that's nowhere near its glory days: Financials.