Bitcoin staged an impressive comeback Wednesday, after crashing nearly 60 percent earlier to a low around $105, erasing more than half of its intraday losses.
Federal Reserve officials are increasingly split over chairman Ben Bernanke's $85bn-a-month stimulus programme, according to the minutes of their latest meeting.
Global central banks have been the only way to promote growth and more needs to be done, but additional U.S. deficit reduction needs to be restrained, the IMF's Christine Lagarde told CNBC's "Closing Bell" on Wednesday.
BP is braced for criticism from shareholders at its annual general meeting on Thursday over its executive pay regime and failure to obtain consent for dividend payments.
It sure doesn't look that smart now.
Citigroup is eliminating two senior positions in its Institutional Clients Group as part of an effort to streamline the company's management ranks, according to a person familiar with the plan.
Goldman Sachs has likely generated around $1.2bn of revenue over six years from its dealings with discount retailer Dollar General Corp, a Reuters review shows.
Gleacher & Co, the New York-based brokerage that lost $159.8m in the past two years, will exit the fixed-income business and is in preliminary talks with another company on a possible combination.
The World Trade Organisation has issued a strong warning against the risks of protectionism as it slashed its forecast for global trade this year from 4.5% to 3.3%.
The Securities and Exchange Commission has announced that Mary Jo White was sworn in this morning as the 31st Chair of the SEC.
In the canteen at Nomura's Tokyo headquarters, prices are rising faster than the wages the brokerage pays its staff.
France's second-largest listed lender, Societe Generale posted a better-than-expected 25 percent increase in net income in the three months to June of this year as the bank said it planned to hike its capital buffer.
More criminal charges are to be brought against individuals suspected of rigging Libor following the conviction of Tom Hayes, according to the head of the Serious Fraud Office.