Facebook has a billion users, the social media giant announced on Tuesday as it unveiled its latest quarterly results and modestly beat analysts' expectations.
Apple made its play to dominate the fast-growing tablet market on Tuesday by unveiling an "iPad mini" - a new tablet half the size of its existing iPad - to compete with Google's Nexus 7 and Amazon's Kindle Fire.
A group of 10 eurozone countries moved a step closer to introducing a financial transaction tax when Brussels gave its approval to the idea of placing a small levy on trades.
State-controlled Royal Bank of Scotland is examining selling its US business Citizens and reducing the size of its investment bank, the agency in charge of the taxpayer's stake has said.
Today is my last day at my firm.
Democratic Congressman Barney Frank defended the largest U.S. bank on Monday, saying in a statement that the government was wrong to go after JPMorgan Chase for the alleged misdeeds of Bear Stearns
Wall Street executives are 'delusional' if they think their pay will continue to rise significantly, Kenneth Feinberg, the former Obama administration special master on executive pay, told CNBC on Friday.
As a lawyer, Jed Rakoff once persuaded a judge to give probation to a client convicted at an insider-trading trial alongside former Wall Street Journal reporter R. Foster Winans. Now a federal judge himself, Rakoff must weigh Rajat Gupta’s similar request to stay out of prison.
Coke Zero challenged unsuspecting train passengers to unlock the 007 in them for their chance to win exclusive tickets for the new James Bond movie `Skyfall'.
The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges that Morgan Stanley Smith Barney violated CFTC regulation 166.3 by failing to diligently supervise its employees’ handling of customer accounts.
Bank of America has hired Jeffrey Peek, who ran commercial lender CIT Group for six years, as an executive vice chairman in the global investment bank.
Anshu Jain spent 20 years building Deutsche Bank into a global investment bank that rivalled Wall Street's giants.
HSBC, the biggest payer of the UK banking levy, will set out on Tuesday exactly how it plans to decide whether to keep its headquarters in Britain in remarks that will be closely watched by George Osborne as he prepares to deliver his Mansion House speech the following day to an audience of top bankers.