Shai Ahmed
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The cause of the Dow's dramatic intraday market slide of nearly 1,000 points Thursday is still under investigation.
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Bankers in London hoping for a boom in business if strict financial reform legislation is passed on Wall Street will be disappointed as a migration of funds across the pond will likely fail to materialize.
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A lack of competitiveness, not credit default swaps (CDS), brought Greece to the brink of financial catastrophe, former Greek Finance Minister Yannos Papantoniou told CNBC.com Wednesday.
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Goldman Sachs did not commit fraud and the insurance company that bought the product that is the subject of a government investigation should have known the risks, Bill Ackman told CNBC Tuesday
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Investors in UK bonds and securities are preparing to navigate unfamiliar territory, with the likelihood that the May 6 national election will not result in a clear winner.
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If the United States had not created the Troubled Asset Relief Program (TARP), the country would have experienced Great Depression conditions, one of the architects of the program told CNBC Monday.
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The Goldman Sachs deal that is the target of a Securities and Exchange Commission lawsuit may have been legal, but the case has triggered a debate about ethics on Wall Street.
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The Securities and Exchange Commission's (SEC) charge of fraud against Goldman comes at a bad time for the company but it is unlikely to spell the end of Wall Street's most famous investment bank, Dennis Gartman, author of the Gartman Letter, told CNBC Wednesday.
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The societal benefits of obscure financial products are negligible, and regulation of the financial industry won’t hamper US competitiveness, according House Banking Committee Chairman Barney Frank told CNBC Monday.
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US financial companies still have more than a $1 trillion on their balance sheets, but analysts say they are unlike to stem the recent rally in financials.