Talks are under way with the Central Bank of Myanmar in the hopes of approving credit cards to locals.
The bonds would cover surges, like those caused by Superstorm Sandy in 2012 and Hurricane Donna in 1960.
The southeast Asian nation's exchange will be established after the parliament passes a "Security Exchange Law."
A federal judge ruled the Justice Department has made a sufficient case to support its claim that S&P inflated ratings.
Barclays penalized after U.S. FERC found the British bank, between 2006 and 2008, manipulated energy markets to aid its trading positions.
Investors will scrutinize Fed Chairman Ben Bernanke's semi-annual Congressional testimony for tapering timetable clues.
Here's a snapshot of the 10 worst-performing banks in the world's largest economy.
BoJ officials disagree on policies to curb volatility and excessive easing, but stay confident about the country's economic future.
Younger Wall Streeters are more likely than their elders to accept illegal and unethical conduct in their industry, a survey finds.
The U.S. economy may be sluggish but Goldman Sachs registered another impressive quarter, on trading, loans, and commodities.
The spread between loans for high-end properties and government-backed mortgages has narrowed, showing confidence in U.S. economy.
Investors are still trying to gauge whether the U.S. economic recovery is losing momentum or merely entering a short summer lull.
Three times as many bankers in the UK earned in excess of a million euros than in the rest of the EU.
The Indian rupee gained against the dollar after India's central bank raised key interest rates and announced bond sales to mop up liquidity.
Fabrice Tourre, also known as "Fabulous Fab," is heading to court on Monday after being accused of knowingly selling bad investments.
U.S. stocks opened flat Monday as Citigroup Inc (NYSE: C) reported second-quarter earnings that beat expectations.
Two former RP Martin brokers were charged with conspiracy to defraud on Monday.
Connecticut Community Bank invested $60M with Madoff; investors say the bank should have done more to verify his claimed income.
Investors will try to gauge the health of Q2 earnings from several key companies, which report Monday.
China's GDP fell in Q2 to a sub-8 percent figure for the fifth straight quarter, testing its leaders’ long-term growth plans for the country.
In May, some investors wanted Jamie Dimon barred from holding chairman and CEO titles. Since then, he's proven why he kept them.
The JPMorgan Chase chairman and CEO says he shouldn't be the next U.S. Fed chairman.
Bullish institutional investors will try to make the case that no tapering of Fed stimulus will occur before 2014.
The convicted rogue trader has hit back against his former employer, accusing the major French bank of fraud.
Foreign investment in Myanmar is rising at an astonishing rate, and investors are planning to stay for the long-term.
Investors will likely spend the day digesting Fed Chair Bernanke's comments on quantitative easing, and his taper stance.
For the 4th consecutive quarter since the London Whale debacle, JPMorgan Chase is likely to post increasingly strong profits.
Dividends and stock repurchasing programs continued well into the banking crisis in 2007, the N.Y. Fed found.
Asian markets rally on Bernanke's comments about the continuation of the Fed’s stimulus program while the FOMC remains divided on the question.
However, only accredited investors –- those worth more than $1 million or who earn more than $200,000 annually -- can buy securities.