Massachusetts has imposed a $30 million fine on Citigroup's research unit, the state announced on Thursday, accusing a bank analyst of supplying confidential non-public information to big hedge funds and institutional investors.
The current standoff between President Barack Obama and Republicans leaders is different from the 2008 financial crisis because this crisis is "self-inflicted," former Treasury Secretary Hank Paulson told CNBC Thursday.
History will judge the Troubled Asset Relief Program more positively than people do now, said Warren Buffett, chairman and CEO Berkshire Hathaway, and in the midst of the first government shutdown in 17 years.
The head of the International Monetary Fund, Christine Lagarde, has urged America's warring politicians to settle their differences as she warned that an escalation of the budget row would harm the entire global economy.
The economy is having a growth spurt. On the basis of the snapshot of the service sector from CIPS/Markit, the rate of expansion stepped up a gear in the third quarter of 2013.
Mizuho Bank has announced the appointment of Diane Ferguson as Managing Director and Head of Financial Institutions coverage in its U.S. corporate and investment banking business.
A select round-up of news relating to Manchester United, including Nick Powell’s European joy and Ryan Giggs on who to blame for poor start.
Arsenal fans may recognise the name Odil Ahmedov.
Julian Draxler, a target for Chelsea, Manchester United and Arsenal, is presenting Schalke fans with conflicting emotions.
It may not be too long until Arsenal fans see Yaya Sanogo back in action.