The world is watching Russia and Ukraine, but here's the real geopolitical risk, says Nouriel Roubini.
Russia's economy was struggling even before the crisis in Ukraine, but things have now taken a turn for the worse, according to the International Monetary Fund. GDP fell in the first three months of 2014 and will fall again in the second quarter. According to the technical definition, that would amount to a recession.
A Wall Street banker helped raise $35,000 for a man released from jail after serving nearly 25 years for a murder he didn't commit.
'I don't even think it's a crime. It's nothing but a violation of internal rules'.
UBS was the financial institute to receive the most press coverage in 2008 and 2011, according to a study of major English-language papers in Europe.
Former Citigroup chief Sandy Weill told CNBC on Wednesday that one of his two greatest mistakes was not making up with one-time protégé Jamie Dimon, who's now boss at JPMorgan .
This week is Depression Awareness Week – seven days to raise the profile of mental health and provoke thought on how we manage it as a society.
Federal prosecutors are nearing criminal charges against some of the world’s biggest banks, according to lawyers briefed on the matter, a development that could produce the first guilty plea from a major bank in more than two decades.
Deutsche Bank has resigned its seat on the London precious metal fixes without finding a buyer, a spokesman for the lender said on Tuesday, leaving four banks to set the global gold price benchmark under increasing regulatory scrutiny.
Barclays is planning to move its commodities division into a so-called bad bank of unwanted assets and units to be overseen by Eric Bommensath, according to a person familiar with the plan.
EDF is considering the sale of a €3bn (£2.2bn) stake in its British nuclear business in a bid to raise cash for new Hinkley Point reactors.
George Osborne is “getting his excuses in early” for economic failure, the shadow chancellor, John McDonnell, has argued, saying he warned his opposite number about global economic threats to the UK economy months ago.
China suspended its recently implemented circuit-breaker system Thursday, hours after trading in Chinese stocks was halted minutes into the session because of a plunge in prices.