Can anybody actually be this stupid ?
Warren Buffett's Berkshire Hathaway will probably receive only $100 million worth of General Electric stock in a warrant deal similar to the Goldman Sachs agreement.
Is it time for you to look for another job ?
Here's the latest from our Highly Placed Professional.
Here's one sign of a global housing recovery: Every month seems to bring a new "world's most expensive" listing or sale.
Insurance group Prudential has been fined £30m for failing to tell the Financial Services Authority (FSA) about its attempted takeover of the Asian arm of US insurer AIG.
Brian Moynihan, who endured record losses and public thrashings while cleaning up Bank of America’s mortgage mess, said he wouldn’t mind being chief executive officer of the lender forever.
Nick D’Aloisio - a 17-year-old London student and programming whiz - hit the jackpot this week when he sold his news-reading app, Summly, for $30 million to Yahoo!
Royal Bank of Scotland has hired Stephen Chronert, the former head of high-yield bond and leveraged loan sales in the U.S. at UBS, for a similar role at Britain’s biggest government-owned lender.
Facebook now looks more like "Spambook" and its advertising looks less promising than investors originally thought, said Richard Greenfield, media and entertainment analyst at BTIG Partners. Greenfield's firm has a "sell" rating on Facebook with a $22 price target.
Nomura's first-quarter profit more than tripled as a surge in brokerage commissions and investment-banking fees outweighed a drop in trading income.
Barclays set aside £1.8bn in the first half of the year to compensate customers for a string of mis-selling scandals and fines.
A former powerhouse investment broker, who managed $1.3bn for Merrill Lynch before he was fired, has been permanently banned from the securities industry for charging his customers excessive fees and making unauthorized trades, the industry’s regulator said Tuesday.