For Goldman Sachs Group Inc. and Morgan Stanley, two of Wall Street’s biggest commodities-trading firms, the year’s largest initial public offering represents a nightmare come true: the rise of unregulated rivals.
Societe Generale SA Chief Executive Officer Frederic Oudea talks about first-quarter profit and the outlook for regulation.
BNP Paribas SA Chief Executive Officer Baudouin Prot discusses the bank's capital position and expansion plans after first-quarter profit rose 15 percent, helped by its French and U.S. consumer-banking businesses.
Michael Price, president of MFP Investors LLC, talks about the state of the financial markets and factors driving corporate mergers and acquisitions, his investment strategy and some of his holdings, and concerns about food inflation.
Deutsche Bank AG, Germany’s biggest bank, was sued for more than $1 billion by the U.S. government, which claims it 'repeatedly lied' so that thousands of risky mortgages qualified for a government insurance program.
Bloomberg's Mariko Ishikawa reports on farmer Takeshi Yamada, whose land in Iitate village in Japan has been affected by hazardous levels of radiation leaking from the Fukushima Dai-Ichi power plant.
Taufiq Rahim, political analyst and director at GlobeSight in Dubai, speaks about the death of Al Qaeda leader Osama Bin Laden. President Barack Obama said Bin Laden had been killed by a small team of U.S. operatives yesterday after a firefight at a house outside of Islamabad, the capital of Pakistan, where he had been hiding.
Bloomberg's Adam Haynes reports on technological advances in luxury automobiles.
Goldman Sachs Group Inc., JPMorgan Chase & Co. and other investment banks face a European Union antitrust probe into credit-default swaps for companies and sovereign debt.
Bloomberg’s Nejra Cehic reports on Starbucks Corp.’s expansion beyond its coffee business as the company opens new stores in central London.