The Nigerian government failed to sell the banks in 2011 before the recapitalization deadline expired on each bank.
Investors are still trying to gauge the U.S. economy's health: growth bellwether Google's earnings will provide some clues.
Asian markets traded mixed Thursday despite Bernanke’s dovish comments as concerns over a lack of stimulus from Beijing hurt Chinese stocks.
The SEC also banned the former director, Rajat Gupta, from serving as a director or officer of any public or private company.
The chipmaker is now hoping that the sales of tablets, smartphones and processors will make up for the decrease in PC sales.
Hack Marriage, a group of anonymous activists, is retrofitting dictionaries with updated entries for the word marriage. Their efforts highlight the semantic hurdles faced by post-DOMA lexicologists.
Record gold imports into China are likely this year, said the global industry association for gold mining companies.
JPMorgan Chase & Co. and the Federal Energy Regulatory Commission are reportedly discussing a roughly $1 billion settlement.
U.S. oil production is soaring and the economic recovery has been moderate. So why are oil prices so stratospheric?
Leon Cooperman spoke at the Delivering Alpha conference, revealing his top stock picks. Express Scripts, Qualcomm, and Thermo Fisher were among the top companies named.
Eight times a year, the Fed releases its Beige Book, a snapshot of business conditions in the Fed’s 12 regional bank districts.
Doreen Mogavero discusses what traders expect to hear from Fed Chairman Ben Bernanke during his speech before Congress.
The Commerce Department has reported a dip in housing starts for the month of June. A sustained dip could harm banks' slow recovery in the housing market.
The educational system in Kenya has been plagued with serious issues for years.
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.
A Wednesday release of BOE meeting minutes showed a remarkable unanimous vote against increasing bond purchases.
Fed Chairman Ben Bernanke is on Capitol Hill for his regular, semiannual testimony on the economy.
Renault-Nissan to double investments in India to $5 billion over the next five years, and bring back yesteryear icon Datsun to Indian roads.
The massive global conglomerate is faring adequately overall, despite unimpressive second quarter results.
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.
Demand will outpace supply in the region, creating a trade opportunity for dairy producers.
International Business Machines Corp., Intel Corp., Google Inc., Microsoft Corp. and eBay Inc. release earnings this week.
Here's a snapshot of the 10 worst-performing banks in the world's largest economy.
As problems continue to plague the Fukushima nuclear plant, the impact of its restart on Japan's trade deficit would likely be very small.
BoJ officials disagree on policies to curb volatility and excessive easing, but stay confident about the country's economic future.
The Nasdaq OMX Group's website was hacked. Users requested to change usernames and passwords.