AIG is in talks with AerCap about a $5 billion sale of its aircraft leasing unit, sources familiar with the talks said Thursday.» Read More
For those who have forgotten the pain the market felt just two years ago, following is a list of companies who were badly hurt during summer 2011.
Lockheed Martin said about 3,000 employees would be furloughed from Monday due to the U.S. shutdown.
CEOs from major banks met with President Obama on Wednesday and warned of the consequences if lawmakers fail to raise the US debt ceiling.
Negotiations between JPMorgan Chase and U.S. officials to resolve allegations the bank mis-sold mortgage securities in the run-up to the financial crisis are focusing on how credit and blame will be distributed in any settlement, people familiar with the matter say, the FT reports.
WASHINGTON, Sept 30- Some activities of asset managers could pose risks to the broader marketplace, according to a study released by the Treasury Department on Monday that boosted the likelihood the largest such firms would face tougher federal scrutiny.
I niche insurance program operates under the premise that it is cheaper to defend wealthy homes against fire than to replace them.
In 2011, debate raged in the markets over whether the Fed would embark on a third round of massive bond purchases. Pimco wasn't waiting to find out.
Few companies can convince Wall Street to keep investing by giving stuff away, but that's the secret of Amazon's success and the Jeff Bezos way.
The CEO of bailed-out insurance giant American International Group has apologized for comments in which he compared the public anger over bonuses to the lynching of African Americans in the Deep South.
With the markets focused on Washington’s budget showdown, billionaire investor Warren Buffet says investors assume Congress will avert catastrophe.
Prudential Financial said U.S. regulators had voted to designate the company as systemically risky, bringing it under stricter regulatory oversight.
"Talking Squawk" looks at what the smartest investors, including Stanley Druckenmiller, Warren Buffett and David Tepper, think about the nontaper.
WASHINGTON, Sept 19- Insurer Prudential Financial Inc said on Thursday that U.S. regulators had voted to designate the company as systemically risky, bringing it under stricter regulatory oversight.
I would look at something like a PFF," Ritholtz Wealth Management's Josh Brown says.
The authors of the financial reform law spoke to CNBC about the problems and missteps that led to the 2008 financial crisis.
Since Lehman filed for bankruptcy five years ago, a screen of the S&P 500 reveals that about 20 percent of the index components remain in the red.
Bob Diamond has joined a chorus of criticism over the lack of progress in ending banks' "too big to fail" status. The FT reports.
SHANGHAI/ BEIJING, Sept 16- Faced with a chorus of warnings that China risks choking on bad debts, Beijing is pushing banks to raise private capital in an effort to head off the need for a second government bailout in as many decades.
Two key questions dominate Twitter's initial public offering: where will it list, and how much will it float?
NEW YORK, Sept 13- A fund managed by Perella Weinberg Partners LP is looking to sell its rail car leasing business in North America, three people familiar with the deal told Reuters this week. The Perella Weinberg Asset Based Value strategy bought the business, which is now called Flagship Rail Services LLC, in 2011 from insurer American International Group.