2762 Stories, most recent news story added 14 minutes ago
Dec. 3 (Bloomberg) -- Former Citigroup Inc. and Lehman Brothers Holdings Inc. brokers convicted of selling access to internal “squawk boxes” should get a new trial because the U.S. withheld evidence of so-called flash trading, defense lawyers said.
Dec. 3 (Bloomberg) -- All Nippon Airways Co. ’s seven-year- old cargo unit will post its first profit in fiscal 2011 as Chinese consumers boost spending on Sony Corp. electronics and Toyota Motor Corp. hybrid cars.
In the week after Dubai World told its creditors they wouldn’t be getting all their money back, two lessons about the global economy have emerged.
Dec. 3 (Bloomberg) -- Irish Life Investment Managers , Ireland’s biggest fund company, is defending its top-ranked returns by investing in makers of military equipment.
A key House committee, culminating months of debate over how to reform bank rules, voted Wednesday in favor of legislation that aims to prevent firms from growing too big and threatening the financial system.
Dec. 2 (Bloomberg) -- U.S. Representative Edward Markey said he is working on changes to derivatives legislation that would preserve the Federal Energy Regulatory Commission’s authority over wholesale power markets.
Dec. 2 (Bloomberg) -- Hochtief AG , which is selling its concessions division in Germany’s biggest initial public offering in two years, has orders for about half of the stock on sale, said two people familiar with the transaction.
Dec. 2 (Bloomberg) -- Financing for the most troubled companies has “vastly improved” with high-yield, high-risk debt rallying by record amounts, reducing the risk that borrowers will be forced to liquidate.
WASHINGTON -- The broadest revamp of financial regulation in seven decades cleared a key congressional committee yesterday and will move next week to debate on the House floor.
Dec. 2 (Bloomberg) -- U.K. Chancellor of the Exchequer Alistair Darling’s push to limit the powers of new European financial supervisors was rebuffed by the region’s finance ministers.
Dec. 2 (Bloomberg) -- Amherst Securities Group LP , the Austin, Texas-based firm that trades and analyzes home-loan assets, hired Citigroup Inc. analyst Darrell Wheeler as part of a plan to begin trading commercial-mortgage-backed securities.
Dec. 2 (Bloomberg) -- Australian Treasurer Wayne Swan , mulling when to withdraw guarantees on bank funding, stepped up his attack on Westpac Banking Corp.
Pumped for the BCS title game? You'll be a month late. The real champ will be decided Saturday in Atlanta, Steve Eubanks says.
Bank of America CEO Ken Lewis' tattered reputation got a huge boost yesterday when the bank announced that it was paying back $45 billion in federal bailout cash before the end of the year. The announcement allows Lewis to make good on a vow he ma...
A great track record would seem a necessity to raise money for a hedge fund, but senior writer Dan Freed says Guru Ramakrishnan's latest success suggests otherwise.
Dec. 2 (Bloomberg) -- Banca Popolare di Milano Scrl , the oldest Italian cooperative bank, may be fined after the country’s financial regulator said the bank mis-sold “high- risk” bonds to individual investors.
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