Sad to report.
Bank stocks offer some of the best opportunities for investors in years, with Bank of America and others poised to post double-digit gains in the year ahead, well-known analyst Meredith Whitney told CNBC on Tuesday.
U.S. prosecutors face a deadline next week that may force them to tip their hand on whether they’re in plea talks with an ex-SAC Capital Advisors LP manager to get him to testify against founder Steven Cohen about insider trading.
Here are links to last week's top 20 stories.
UBS will pay $1.5bn in penalties for routinely manipulating benchmark interest rates over a six-year period to benefit its own trades, paying bribes to interdealer brokers and colluding with other banks.
Credit Suisse said Tuesday it is cutting 150 jobs in its private banking business in Germany as it tries to bolster profitability amid tough market conditions.
Societe Generale has lost a high-profile lawsuit against a London-based investment banker that could costthe firm up $26m.
Knight Capital Group and GETCO Holding Company today announced they have entered into an agreement for a strategic business combination whereby GETCO and Knight will be combined under a new publicly traded holding company.
Drunken Twitter and Facebook users who post grossly offensive messages online may be less likely to face prosecution if they hit delete and express remorse after they sober up, Keir Starmer, the director of public prosecutions, indicated.
Dominique Strauss-Kahn, the former head of the International Monetary Fund, lost a bid to halt a French investigation into his links to a prostitution ring.
The international body that represents the world’s central banks has issued a stark warning that an unprecedented period of ultra-low interest rates mask deep weaknesses in the global economy and threaten to be the trigger for the next financial crisis.
“Got chased by a mob of taxi drivers who threw rocks,” tweeted the singer Courtney Love from Charles de Gaulle airport.
David Cameron told a fellow EU leader that it “might be better” for Greece to withdraw from the eurozone to allow it to fix its economy, according to a leaked diplomatic document.