Since the start of the crisis five years ago, mainstream economics has been waiting for life to return to normal.
The government and the nation desperately require a Plan B.
UBS is always looking at all shareholder suggestions, CEO Sergio Ermotti said Friday, a day after investor Knight Vinke Asset Management called for a spinoff of the firm’s investment bank.
Warren Buffett's Berkshire Hathaway reported a 42-percent jump in operating earnings amid strong gains in its insurance business.
Would you feel uplifted if the state sold some shares in Royal Bank of Scotland at a loss ?
The eurozone's recession will be even deeper than previously feared this year, the European commission has warned, as it slashed its outlook for crisis-stricken Cyprus and downgraded the prospects of the bloc's biggest economies.
Billionaire investor Warren Buffett told CNBC that if the Federal Reserve were to increase its massive bond-buying program that would be "pretty extraordinary."
Just outside Rory Cullinan's office hangs a vast graphic display: five metres long, covered in brightly coloured bubbles, each filled with big numbers and carrying names such as Spaghetti, Jupiter, Tess, Birch and Half Moon.
European Equity Capital Markets Up 35%
The events in the EU are a great example of bankers gone wild and you simply can't trust them, said Warren Buffett's right-hand man Charlie Munger.
Bankers, lawyers and regulators have been hired to join the City watchdog’s enforcement panel, the influential body that oversees the punishments handed out to wrongdoers.
The emissions-fixing scandal that has engulfed Volkswagen in the US could extend to other companies and countries, one of the officials involved in uncovering the alleged behaviour has told the Guardian.