Standard Chartered Chief Executive Officer Peter Sands, facing reports of disgruntled investors, is set to post the bank’s second straight drop in first-half profit Wednesday.
This year's IPO frenzy showed further signs of fading, as another company scrapped plans to list its shares on the stock exchange.
Credit Agricole said profit was almost wiped out in the second quarter on charges tied to its stake in bailed-out Banco Espirito Santo SA.
JPMorgan on Monday pegged its possible legal costs in excess of litigation reserves at $4.6bn at the end of June, up from $4.5bn at the end of March.
Douglas Flint, the chairman of HSBC, clearly thinks he is the new Winston Churchill.
Goldman Sachs, this year’s top-ranked takeover adviser, hired Paul Parker to be a co-chairman of its mergers and acquisitions group less than three months after he left Barclays.
Buffett's cash mountain tops $50bn.
'We all make mistakes'.
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Wall Street firms led by Goldman Sachs are close to buying a stake in chat and instant messaging startup Perzo in pursuit of an alternative to a similar application from Bloomberg, sources familiar with Goldman's plans said.
The first signs of trouble for prosecutors came about three weeks into the trial.
Raymond James Financial said it expects an investment cost of more than $400m in the company’s planned purchase of Deutsche Bank’s U.S. private-client services unit.
Last year’s sure thing in credit markets is quickly becoming this year’s nightmare for bond investors.