Pimco will not be changing its Total Return Fund in the wake of Bill Gross' sudden exit, says Scott Mather, the fund's new manager.
Facebook's Mark Zuckerberg announced Tuesday that he and his wife, Priscilla Chan, are donating $25 million to the Centers for Disease Control Foundation to help fight Ebola.
Weakness in stocks is distracting from tailwinds in the economy: lower oil prices, a better U.S. economy and high cash levels at U.S. corporations.
JPMorgan Chase surprised Wall Street when the bank's third-quarter earnings report appeared several hours earlier than expected.
Don't screw up!
In a survey of more than 2,000 hiring managers, 33% claimed to know whether or not they would hire someone within 90 seconds.
JPMorgan Chase set aside 3% less to pay employees at its investment bank in the first nine months of 2014 as revenue in the division slumped, driven by a 12% drop in fixed-income trading.
The 15 new appointments are made up of 13 Managing Directors and two Executive Directors.
Wall Street is starting to take more clients and prospective business partners to Tough Mudders and spin classes in lieu of just dinner and drinks.
Citigroup's earnings and revenue on Tuesday both beat expectations.
The $5.3-trillion currency market is getting harder for traders to make money in as price changes that once took months or weeks now happen more quickly, says Hugh Killen, Westpac Banking’s head of trading for foreign exchange, fixed income and commodities.
HSBC has said that the U.S. Justice Department shut an antitrust probe into precious metals trading as prosecutors focus on a criminal fraud investigation.
Credit Suisse has begun selling $1.9bn of distressed-debt holdings that triggered losses at the end of last year, as part of an overhaul by CEO Tidjane Thiam, people with knowledge of the matter said.