Chevron plans to increase its oil and gas production by 20 percent by 2017, but most of the growth will be abroad, in part because U.S. policy isn't "pro-development," CEO John Watson told CNBC's "Closing Bell" on Tuesday.
Mark Carney has been forced to admit that allegations of rigging in foreign exchange markets could prove be a bigger scandal than the manipulation of Libor as he sought to rebuff criticism that the Bank of England had been slow to react.
Mark Carney, the Governor of the Bank of England, pledged to appoint a new Deputy Governor at the Bank to lead a "root and branch" review of its strategy, after suspending an official over the foreign exchange market manipulation scandal.
Singapore has joined a club of countries experiencing extreme weather. A prolonged dry spell in the city state is also being joined by a haze.
The proposed banking union for the euro zone took another step forward with the ECB giving further detail of its stress tests.
Morgan Stanley CEO James Gorman spoke with FOX Business Network’s (FBN) Maria Bartiromo about Morgan Stanley’s fixed-income business.
The investigation into alleged manipulation of the foreign exchange market now takes in most of the world's biggest banks, regulators in three continents, potentially hundreds of traders - and now the U.K's central bank.
Therese Esperdy, a 17-year JPMorgan veteran, suffered what she called 'initial shock' in her first few weeks in Asia after three people told her some clients don’t want to pay merger-advisory fees.
If there's any industry in need of a facelift, it's banking. The image of financial fat cats riding the high times and pleading bail-outs in the low is proving tough to shake off. Could that change if the City's pinstripe brigade demonstrate wider benefits to society, not just fatter wallets for themselves?
The average bankers' bonus globally was 29% higher than a year ago, with those in the City of London higher than in other parts of the world, according to a survey by a leading careers website.
Lucidus Capital Partners, a high-yield credit fund founded in 2009 by former employees of Bruce Kovner’s Caxton Associates, has liquidated its entire portfolio and plans to return the $900m it has under management to investors next month, according to a statement Monday from the company.
Russia’s central bank fined Deutsche Bank less than $5,000 for compliance failures in a probe into alleged trading violations, said people with knowledge of the matter, after the Russian regulator audited transactions at the bank’s Moscow office that are under broader scrutiny by U.K. regulators and U.S. prosecutors.
Moody’s has cut its oil price forecast for next year by $10 a barrel due to continued high levels of supply that may be heightened by the lifting of sanctions against Iran.