Rarely has an industry lost so many jobs with such little effect.
It's all happening.
Lloyd Blankfein said he is winning his battle with cancer.
Deutsche Bank's head of asset management, Quintin Price, named several of predecessor Michele Faissola’s lieutenants to key roles in running the newly-created division.
Barclays agreed to transfer a portfolio of derivatives contracts to JPMorgan, as the bank speeds up the sale of unwanted assets to reduce its capital requirements.
Deutsche Bank must face a U.S. lawsuit seeking to hold it liable for causing $3.1bn of investor losses by failing to properly monitor 10 trusts backed by toxic residential mortgages, a federal judge ruled on Wednesday.
Much of the world economy is grappling with huge challenges which are causing risks to European growth to increase, the European Commission has said.
The Following are excerpts from a CNBC interview with Julia Chatterley, and Tidjane Thiam, CEO of Credit Suisse.
Bank-stock investors are overestimating the impact of tough times in the oil industry on the banking sector, says Dick Bove.
ConocoPhillips on Thursday reported a much bigger quarterly loss, hurt by impairment charges, and slashed its dividend as the relentless fall in crude oil prices takes a toll on the largest U.S. independent oil and gas company.