Result Page 40 for Latest Financial Services News & Archive

Pearson To Sell Mergermarket, But Plans To Keep Financial Times

CEO John Fallon says the salmon-colored broadsheet is still gold to Pearson.

SAC Hedge Fund Pleads Not Guilty To Fraud, Other Charges In New York City Courtroom

Hedge fund SAC Capital pleaded not guilty to charges of rampant insider trading, but a former insider threatens to blow open the continuing investigation.

With Myanmar Economy On The Rise, Indian Companies Want To Wrest Business Away From Dominant Chinese Rivals

Whether or not Indian companies can challenge Chinese rivals in Myanmar will depend, in part, on the Export-Import Bank of India.

UBS Fined $885 Million In Settlement With Federal Housing Finance Agency

The massive settlement could make several other banks facing similar lawsuits feel uneasy.

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Man on a mission: Archbishop Justin Welby

Church Of England To Combat Payday Loan Companies By Allowing Credit Unions To Use Church Premises

The Church of England's initiative against payday lenders marks the first political initiative of the new archbishop of Canterbury.

Pre-Market Movers (Facebook, Baidu.com, Tripadvisor, Logitech, F5 Networks, Sequenom, Crocs, USEC, ABB, Western Digital)

Pre-market movers on Thursday include Facebook, Baidu.com, Tripadvisor, Logitech, Sequenom, Crocs, USEC, ABB, Western Digital.

US Stock Futures Point To Lower Open Ahead Of Jobless Claims, Durable Goods Orders Data, Corporate Earnings

Wall Street's bulls received a boost Wed.: a solid Facebook earnings report - but does it suggest a strengthening recovery?

Sheila Bair Endorses Janet Yellen For Bernanke's Federal Reserve Job, But Wall Street Whispering Campaign Could See Top Job Going To Another Candidate

Bair, former FDIC chairwoman, has endorsed vice chair Janet Yellen to replace Ben Bernanke in the Fed's top post.

Does Wells Fargo's Emergence As World's Largest Bank By Market Capitalization Indicate A Shift In US-China Balance Of Power

Wells Fargo has overtaken China's ICBC as world's largest bank by market capitalization.

European Union Seeks To Cut And Cap Credit Card Fees Across Europe

The bloc wants to cut interchange fees, which are levied on retailers but commonly passed on to consumers.

US Stock Futures Point To Higher Open Ahead Of New Home Sales Data, Quarterly Earnings From Facebook, PepsiCO, Ford, Visa, QUALCOMM

Investors are still trying to determine if this market has enough positive economic trends to support stock valuations.

Texas-Based Man Charged By SEC With Running Bitcoin-Related Ponzi Scheme, Which Raised About $60M At The Present Exchange Rate

A Texas man is accused of running a Bitcoin-related Ponzi scheme and using the proceeds to pay for personal expenses.

Steven Cohen's SAC Capital Advisors To Face Federal Criminal Charges: Report

Federal prosecutors are poised to lodge criminal charges as soon as this week against SAC Capital Advisors, The Wall Street Journal reports.

Indonesian Small Business Owners, Shut Out By Commercial Banks, Turn To Informal Lending

Small businesses turn to informal lenders in lieu of strict commercial lending regulations.

Hedge Fund Manager And SEC's Top Target Steven Cohen Explains, In A 46-Page White Paper, Why He's Not A Bad Guy

Steve Cohen is charged with failing to supervise traders.

A general view of Singapore's financial district from Merlion Park

Singapore Could Become New Switzerland, As Assets Managed There Reach Record Levels

The central bank's managing director said that 80 percent of assets managed in Singapore come from overseas.

Pre-Market Movers (Array Biopharma, CombiMatrix, Himax Technologies Inc, Rio Tinto, Orange SA, ArcelorMittal, Netflix, STMicroelectronics, ISIS Pharmaceuticals, Frontline )

Pre-market movers for Tuesday include Array, CombiMatrix, Himax, Rio Tinto, Orange, ArcelorMittal, Netflix, STMicroelectronics, ISIS and Frontline.

Analysis: After Being In A Slow-Motion Free-Fall Since Last Autumn, With Investors Abandoning ETFs Like SPDR Gold Trust (GLD), Gold Has Been On A Tear This Month

Temperatures are not the only thing sizzling in New York this summer; just stop by the Comex and watch the price of gold.

UK Regulator Imposes First Fine On High Speed Trader

Michael Coscia allegedly made profits of almost $280,000 in six weeks by manipulating energy futures markets.

European Banks May Be Forced To Sell $3.8 Trillion In Assets: IMF

European Banks Must Slash The Size Of Their Balance Sheets To Survive Another Financial Crisis: Royal Bank Of Scotland (RBS)

A Royal Banks Of Scotland report has said that European banks must continue to reduce their balance sheets.

Global Companies Keen To List in the United States In First Half Of 2013: BNY Mellon Report

Foreign companies sought a return to U.S. exchanges in the first half of 2013, led by companies from Asia-Pacific region.

UBS Settles With U.S. Housing Finance Regulator, Over Mortgage-Backed Bonds

The Swiss banking giant didn’t disclose the amount of the settlement but said it would impact its second-quarter earnings results.

US Stock Futures Point To Higher Open Ahead Of Existing Home Sales, Corporate Earnings

Investors are still sifting through second-quarter earnings for clues regarding the U.S GDP growth.

BoJ Member Sato Says Expect More Stimulus From Central Bank If Needed, Looks To Soften Stance On Inflation Target

Bank of Japan's Takehiro Sato says while Japan's future is bright, global economic conditions could pose a threat to its recovery.

Crowdfunding: Income or Gift? IRS Taxes and SEC Regulations Could Hurt Startups And Innovation On Kickstarter And Indiegogo

Crowdfunding still faces many questions and uncertainties over its tax and regulatory dimensions.

Earnings Season: Q2 Reports Mostly Beating Estimates, But Revenues Are On Track For First Negative Quarter Since 2009

Most companies are reporting better-than-expected second-quarter earnings, but it's not because of revenue growth.

Analysis: Wall Street To Benefit From Detroit's Bankruptcy, The Inevitable Upshot Of Six Decades Of Mistakes

While Detroit wakes up with a $18 billion hangover, Wall Street moves in to buy up large swathes of land as they look to a long-term recovery.

SEC Says Steven A. Cohen Failed To Supervise His Portfolio Managers And Will Attempt To Bar Billionaire From Overseeing Investor Funds

Cohen "received highly suspicious information that should have caused any reasonable hedge fund manager to investigate," the SEC said.

Investors Pour Massive Money Into US Equity Funds, US Stock Markets

Bond funds and emerging market funds, however, have been hit hard by the new optimism on the stock front.

China Announces Interest Rate Reforms, Effective Almost Immediately

China’s central bank announced the scrapping of a minimum floor for interest rates mandated on banks, as it seeks to liberalize capital markets.

US Stock Futures Point To Lower Open Ahead Of Corporate Earnings From General Electric, Honeywell, Schlumberger

Investors are still unsure about a possible Fed tapering in September, and an earlier reduction would hit stocks.

US Stock Markets Close At Record Highs After Jobless Claims Fell And Corporate Earnings Topped Expectations

Both the S&P and the Dow Jones added 0.5% on better-than-expected earnings and encouraging words from the Fed chairman.

Detroit Is Days, Even Hours, Away From A Bankruptcy Filing In What Would Be The Largest Municipal Bankruptcy Filing Since Cleveland's 1978 Filing: Report

The bill has finally come due for decades of impossible pension promises to municipal unions, corruption and cronyism.

US Stocks Rally To Record Intra-Day Highs On Upbeat Information From Federal Reserve, Company Earnings And Economic Reports

Positive economic reports and upbeat corporate earnings sparked a rally, as the central bank's chairman spoke in Washington.

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