When it came to the Brexit vote, Wall Street banks (and traders) assumed the worst. But they may have gotten it wrong. » Read More
Assistant Public Defender Mark Gombiner said it was a "sad story" that his client, Sean Stewart, was on trial because his father, Robert Stewart, "ended up betraying his son." Attorney Brooke Cucinella said the government will prove Sean Stewart gave insider tips to his father in advance of five separate mergers and acquisitions of healthcare companies over four...
No matter who wins the election, the big banks could be on the chopping block.
Santander Consumer USA looks to resolve issues regarding "discount accretion and credit loss allowance methodologies."
When the year’s most hotly anticipated tech deal went down, Wall Street’s biggest banks got elbowed aside by upstart competitors.
Plenty of trading tax proposals have been floated around by politicians, but how effective would they really be?
GM's blowout report today just gave a big boost to quarterly estimates.
Legendary investor Warren Buffett spoke at length about a secret meeting held by CEOs and other top executives on improving governance principles.
Warren Buffett tells CNBC companies should stop issuing earnings guidance because it can lead to "malpractice."
U.S. Stocks closed higher Wednesday as Wall Street celebrated better-than-expected earnings off of a record week of gains for the Dow.
Donald Trump signaled that big banks could be a short bet if he wins office, but his presidency could help plenty of other companies.
The U.S. consumer has grown remarkably resilient, according to a new report. Two key sectors are driving the spending.
Two senior officials at HSBC have been arrested in connection with a case involving currency benchmark rigging, according to reports.
NEW YORK— The Republican Party has taken a page straight out of the campaign books of Bernie Sanders and Elizabeth Warren. In the party's 2016 platform, the GOP advocates for reinstating the Glass-Steagall Act, a Depression-era law that regulated the U.S. banking industry until it was repealed in 1999. "It's a spectacular about-face by the Republican Party," said...
NEW YORK— Morgan Stanley's profits fell 14 percent in the second quarter, the bank said Wednesday, reflecting difficulties investment banks have had due to market volatility before and after Britain's vote last month to leave the European Union. Like its competitor Goldman Sachs, which reported results Tuesday, Morgan Stanley had a mixed quarter on its...
Bank earnings reflect more pay cuts than to job cuts. It's a sign some could be hitting peak efficiency.
Jim Cramer opens up the lesson book to share the biggest takeaways to survive the most intense time of the year.
Solid quarterly numbers are giving investors plenty of hope for earnings right out of the gate so far in Q2.
Major banks have beaten earnings estimates, but the stocks are still down mightily on the year. Here’s what could turn around the group.
Goldman Sachs topped forecasts with earnings per share of $3.72 and revenue of $7.932 billion.
The Republican convention kicked off with its first big market surprise – Donald Trump wants to break up the big banks.