Standard & Poor's (S&P) credit ratings agency has lowered its U.S. growth forecast warning of "significant downside risks" from federal spending cuts.
Facebook reveals the ten most-talked about events of 2013 as the social network becomes an increasingly important tool for media sites.
An oil trader who was sacked because he was said to be not in a fit state after a heavy night out in Singapore has lost his damages action for wrongful dismissal.
Bank of America CEO Brian Moynihan said the bank faces up to an additional $9 billion in litigation costs related to the financial crisis and mortgages beyond what it holds in reserves.
Bruce Wrobel, a prominent American investor in Africa who until recently ran Blackstone Group's Sithe Global Power unit, has died.
Deutsche Bank has now closed its iron ore swaps business as part of an overall strategy to get out of physical commodities and maintain only a limited presence in commodity derivatives.
The Federal Reserve's approval of the Volcker Rule , meant to rein in risky trading in reaction to the financial crisis, sends a clear signal, bank analyst Mike Mayo of CLSA said Tuesday.
The former Goldman Sachs secretary who was jailed in 2004 for stealing more than £4m from her banker bosses has landed a job coaching white-collar criminals in how to cope with a prison term.
Meg Whitman, chief executive of Hewlett-Packard (HP) told CNBC in an interview that "desktops are not dead" as the group battles tough competition in the technology market.
Royal Bank of Scotland was facing fresh management upheaval on Tuesday night when the bailed-out bank's newly-appointed finance director suddenly quit.
European M&A activity hits $850.4 billion up 22% compared to a year ago
'I recognize the gravity of my mistake'.
A Royal Bank of Scotland executive told a hedge fund client as early as August 2007 that banks were setting Libor rates to support their own trading, according to evidence from a U.K. lawsuit alleging that RBS’s misconduct has yet to be fully exposed.