The Federal Reserve is charting a course for more stringent capital reserve requirements for the largest banking institutions in the U.S., in line with new international rules representing the Basel III accord.
Nish Amarnath
Jun 27, 2012
Microsoft Corporation's (Nasdaq: MSFT) Athens, Greece headquarters was firebombed on Wednesday by gunmen who drove a van loaded with gasoline through the doors of the four story building, Reuters reported.
Benjamin Reeves
Jun 27, 2012
Several underwriters that shared $176 million in fees from the $16 billion initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, told investors to buy the share Wednesday.
David Zielenziger
Jun 27, 2012
Amarin Corp, Facebook, Zynga, Saks, O'Reilly Automotive, Credit Suisse Group, Atlantic Power and Tata Motors are among the companies whose shares are moving in pre-market trading Tuesday.
Satya Nagendra Padala
Jun 27, 2012
Asian stock markets mostly declined Monday as fears of a further global slowdown and economic headwinds from the euro zone continued to weigh on the sentiment.
Satya Nagendra Padala
Jun 25, 2012
In the 1950s, a consumer who wanted to buy eyeglasses borrowed $40 from the bank. Fast-forward to 2012: how about using your digital wallet to buy those glasses with your mobile phone? Maybe later this year.
David Zielenziger
Jun 24, 2012
Thursday's downgrade contained a veiled threat that pointed at politicians in Germany, the United Kingdom, France and the United States and plainly stated, Stop talking about making the banks responsible for their own follies -- or else.
Eleazar David Meléndez
Jun 22, 2012
Moody's Investors Service downgraded 15 global financial institutions Thursday, including five of the largest U.S. banks, nine major European banks and the Royal Bank of Canada (NYSE: RY), a move that could tighten borrowing and require the companies to post billions of additional collateral.
Roland Li
Jun 21, 2012
First Lady Michelle Obama spent her weekend disparaging the fat paycheck, the fancy office, the impressive lines on our resumés.
Kayleigh McEnany
Jun 19, 2012
The top after-market NYSE gainers Monday were: Dana Holding, Alliant Techsystems, Yingli Green Energy Holding, Celanese and Fusion-io. The top after-market NYSE losers were: J.C. Penney, IHS Inc, Western Gas Partners, HCP and Boise Inc.
Satya Nagendra Padala
Jun 19, 2012
Stock markets in China and Hong Kong advanced Wednesday on speculation that the People's Bank of China will cut interest rates soon to help the economy regain its growth momentum.
Satya Nagendra Padala
Jun 06, 2012
The European Central Bank is expected to hold back from policy moves when it meets on Wednesday, instead urging governments to address the euro zone's crisis, but it could indicate a readiness to cut interest rates as early as next month given a weakening economy and Spain's banking troubles.
IBT Staff Reporter
Jun 05, 2012
Clive Chajet, celebrated brands consultant for companies, offers his free advice to Facebook, Yahoo and Hewlett-Packard about undoing the damage from recent mishaps: stick to business and the share price will follow.
David Zielenziger
Jun 03, 2012
The companies whose shares are moving in pre-market trading Friday are: Coca-Cola Co., Bank of America Corp., Dean Foods Co., General Electric Co., Citigroup Inc., JPMorgan Chase & Co. and Facebook Inc.
Bhaskar Prasad
Jun 01, 2012
The legal activist gives his first public speaking engagement in America after leaving from China.
IBT Staff Reporter
May 31, 2012
Debrahlee Lorenzana, who was fired as a banker from Citibank in 2010 for being too sexy, spoke out about the similarities of her case with Lauren Odes', the woman fired from New York lingerie store Native Intimates for being too busty. Lorenzana revealed that she ended up fighting the suit, filed for similar discriminatory reasons, alone after lawyer Gloria Allred dropped her when the cameras stopped flashing.
Nadine DeNinno
May 22, 2012
Formula 1, the popular global auto racing sport, is on its way to a possible IPO as financial investors such as Waddell & Reed Financial Inc. (NYSE: WDR), Norges Bank Investment Management and BlackRock, Inc. (NYSE: BLK) bought 21 percent of the company, CVC Capital Partners, owner of Formula 1, confirmed Tuesday.
Benjamin Reeves
May 22, 2012
Portuguese investment bank Espirito Santo has downgraded Indian bio-technology major Biocon from neutral to sell based on several issues, including accounting practices which the bank says are objectionable.
Sreeja VN
May 22, 2012
Industrial manufacturer Eaton Corp. (ETN) said Monday it would buy electrical equipment company Cooper Industries Plc for $11.8 billion to expand into the electric industry.
Roland Li
May 21, 2012
Publisher Houghton Mifflin Harcourt filed for Chapter 11 bankruptcy protection Monday to restructure $3.1 billion in debt and reduce annual interest costs by around $250 million.
Roland Li
May 21, 2012
One of the biggest and most anticipated IPOs of the year, quite possibly the decade, is ready to hit Wall Street tomorrow, but if you're thinking about buying shares, you're not alone. Not in the least. If you're looking to get a piece of the stock, we're here to help you. But be warned: It will not be easy.
Dave Smith
May 17, 2012
The companies whose shares are moving in premarket trade Wednesday are: Acadia Pharmaceuticals Inc., Citigroup Inc., Fossil Inc., Dendreon Corp., Zynga Inc., Titan Machinery Inc., Staples Inc., Vodafone Group PLC and Corning Inc.
Bhaskar Prasad
May 16, 2012