Japan's central bank has promised to unleash a massive programme of quantitative easing – worth $1.4tn that will double the country's money supply – in a drastic bid to restore the economy to health and banish the deflation that has dogged the country for more than a decade.
Apparently top bankers were paid around 35% over the market.
Goldman Sachs and JPMorgan Chase are among the only top banks in the world that aren’t reducing capacity, Goldman Sachs President Gary Cohn said Wednesday.
JPMorgan loses its crown.
Bank of America and Citigroup have selected new managers to help run the firms’ rates-trading desks.
JPMorgan Chase won a court victory that may have saved it $769 million dollars.
Any Americas Involvement Announced, Jan 1 - Mar 28 2013.
Former Enron CEO Jeffrey Skilling, who is serving a 24-year prison term for his role in the energy giant's epic collapse, could get out of prison early under an agreement being discussed by his attorneys and the Justice Department, CNBC has learned.
Major U.S. bank websites have been offline a total of 249 hours in the past six weeks, perhaps the clearest indication yet that American companies are prime targets in an unrelenting, global cyber conflict.
The Securities and Exchange Commission is moving into the 21st century with its announcement that communication on social media will be treated just like communication on a company's website.
China is planning a “circuit breaker” mechanism to prevent any further losses on its volatile stock markets.
Whitbread, the owner of Premier Inn hotels and Costa Coffee, said it expected to cut spending and increase some prices to counter the “substantial” cost of the “national living wage”, as it posted slowing second-quarter sales.
More than 2,000 City financiers took home more than £730,000 (€1m) in 2013, according to the EU banking regulator. One was handed more than £13m.