For many entrepreneurs, expansion into new markets or products is fueled by a gut decision. No mistake could be greater.
Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.
It would look awfully strange if the U.S. government wound up targeting only foreign banks as part of its investigation into the manipulation of the London interbank offered rate.
Rajat Gupta, the former managing director of the consulting giant McKinsey & Company, and Parag Saxena were not just business partners in a South Asian private equity fund, New Silk Route.
More than 300,000 British homes are worth over $1.5m, up 32% on last year, according to a property "rich list" out on Friday.
Ex-Barclays boss Bob Diamond was seen out in London for the first time in months last night, nearly a year after he resigned over the rate-fixing scandal.
US regulators have charged Jon Corzine, former MF Global boss and New Jersey governor, over the alleged misuse of over $1bn in customers' funds.
Goldman Sachs Chief Executive Lloyd Blankfein said Thursday the markets overreacted to the news the Fed may slow its bond purchases later this year.
The SEC is investigating the relationship between the news organization Thomson Reuters and the Institute for Supply Management, CNBC has learned.
The job of deputy governor of the Bank of England is to be advertised in the coming days, kickstarting speculation about who will take on the £260,000-a-year role at a time of sweeping regime-change expected to take place under the new governor, Mark Carney.
New York's banking regulator has questioned dozens of traders and executives at Credit Suisse, Barclays, Deutsche Bank and other banks about whether their electronic foreign exchange trading platforms were rigged, according to a person familiar with the matter.
The U.S. Supreme Court let stand a major insider-trading ruling that threatens at least 10 convictions and creates what the Obama administration calls a road map for securities fraud.
Part of the future of Glencore and others in the commodities sector boils down to how willing banks are to keep holding risk.