David Tepper, founder of Appaloosa Management, told Bloomberg Television's Stephanie Ruhle on 'Market Makers Tuesday that he's 'going to come out of the closet right now…we are bullish… This country is on the version of just an explosion of greatness. Do you like that ? Explosion of greatness'.
The Securities and Exchange Commission has announced that Egan-Jones Ratings Company (EJR) and its president Sean Egan have agreed to settle charges that they made willful and material misstatements and omissions when registering with the SEC to become a Nationally Recognized Statistical Rating Organization (NRSRO) for asset-backed securities and government securities.
It is hard to imagine things getting any worse at the Securities and Exchange Commission than they were when the Bernard Madoff and Allen Stanford scandals came to light four years ago, and even some of the agency's harshest critics now say things have gotten a whole lot better.
Get it over and done with as quickly as possible to ensure employees know exactly where they are..
Morgan Stanley CEO James Gorman’s plan to boost returns has created disagreement among analysts as they debate whether his strategy will satisfy investors. The market says it can.
While the banking industry is being "attacked" from all sides, StanChart's CEO tells CNBC that the Asia-focused bank is looking forward to the year, which has got off to a good start.
On July 20, 1969, as commander of the Apollo 11 lunar module, Neil Armstrong was the first person to set foot on the moon.
The Federal Energy Regulatory Commission has approved a settlement between its Office of Enforcement and Deutsche Bank Energy Trading LLC to resolve an Order to Show Cause proceeding regarding manipulation of California power markets.
Lazard Ltd has announced that Jesse Bhattal has been appointed as a Senior Advisor, effective immediately.
U.K. banks and other finance firms will shed another 18,000 jobs in the first quarter of 2013 after cutting 25,000 in the last quarter, according to a report by a business lobby group.
How many Ferraris is too many Ferraris? The world may find out next week.
Joshua Rozenberg’s justification of Judge Cooke’s 14-year sentence on my son, Tom, for conspiracy to defraud (14 years in jail for Libor rigging? The judge makes a persuasive case, 4 August) may satisfy those who think there is no penalty too harsh for a banker.
Hong Kong's first major IPO to brave the market since the depths of the China market rout, CRSC, opened nearly flat on debut Friday.