Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.
Mitsubishi UFJ Financial Group said on Monday its net profit jumped 95.1 percent in the April-September first half, boosted by a hefty one-time gain from its stake in Morgan Stanley , and raised its full-year profit forecast.
Japanese banks backed by more than $6 billion in spare cash are in talks to buy assets from European banks, sources familiar with the discussions said, as euro zone leaders try to coax foreign capital to help overcome the bloc's debt crisis.
Stock index futures pointed to a rebound on Wall Street on Thursday, with futures for the S&P 500 up 1.1 percent, Dow Jones futures up 0.9 percent and Nasdaq 100 futures up 1 percent at 4:47 a.m. ET.
The head of India operations at UBS AG, Manisha Girotra, has resigned, according to an internal memo.
The head of India operations at UBS AG , Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.
U.S. stocks plummeted Wednesday in a global stampede toward investments perceived as capable of withstanding a severe European downturn, or worse.
Now that Groupon has finally gone public, raising $700 million through its Nov. 4 IPO, how about some others in the pipeline as well as the king of them all, Facebook?
Stocks tumbled 3 percent on Wednesday, erasing gains for the week so far, as a spike in Italian bond yields fanned worries about contagion in the European debt crisis.
Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.
Stocks slid more than 2 percent on Wednesday as a spike in Italian bond yields heightened fears the debt crisis in Europe was spreading.
Stocks dropped more than 2 percent in early trading on Wednesday as a spike in Italian bond yields prompted fears the region's debt crisis was spiraling.
Cable companies will offer high-speed Internet service to low-income families at around a fifth of the national average price, the top U.S. communications regulator will announce on Wednesday.
The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut costs and lay off workers in a weak environment for trading and deal-making.
Morgan Stanley said a group of investors had accused it of selling defective mortgage bonds contained in more than $6 billion of trusts, signaling that it may face litigation over its involvement.
Morgan Stanley said a group of investors believes the bank may have sold defective mortgage bonds contained in more than $6 billion of trusts, signaling that it may face litigation over its involvement.
In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by a U.S. Internet company since Google Inc raised $1.7 billion in 2004.
Deals site Groupon raised $700 million via its long-delayed initial public offering, leaving the Chicago-based company valued at $12.7 billion.
Groupon Inc. raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.
Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.
The U.S. Securities and Exchange Commission is conducting a broad review into the collapse of the futures brokerage MF Global Holdings Ltd, SEC Chairman Mary Schapiro said on Thursday.