John Paulson, the billionaire hedge fund manager who had his worst year on record in 2011, sold his entire stakes in Citigroup Inc. and Bank of America Corp. in the fourth quarter before the shares rallied.
Frederic Oudea, chief executive officer of Societe Generale SA, says the start of 2012 is better than expected due to the European Central Bank's long-term refinancing operations.
Jim Glickenhaus, general partner at Glickenhaus & Co., talks about his collection of Ferrari SpA racing and sports cars, and his decision to enter his custom Ferrari P4/5 Competizione in the 24-hour Nurburgring race in May.
Jean-Laurent Bonnafe, CEO of BNP Paribas SA, says the euro zone should stabilize after the Greek debt crisis reaches a resolution.
FOX Business Network’s (FBN) Melissa Francis spoke exclusively with JPMorgan CEO Jamie Dimon live from Florida about the company’s expansion and the economic challenges facing the United States today.
The youngster must have been watching the Liverpool v Manchester United game, because he blanked his opposite Manchester City mascot when the sides met one day later...
... from a 90 year old Grandma
Scores of banks, lobbyists, foreign governments, insurance companies, law firms and money managers voiced their objections Monday to the so-called Volcker rule, restricting trading activities by U.S. banks.
The Volcker Rule would forbid banks from making bets from their own money, and former Fed chief Paul Volcker has fired back at critics of the proposed that bears his name.
Greek Prime Minister Lucas Papademos won parliamentary approval for austerity measures to secure an international bailout after rioters protesting the measures battled police and set fire to buildings in downtown Athens.