Goldman Sachs made millions when they sold their stake in Alibaba in 2004, but they could have made much more.
The U.S. Justice Department is spending some of the $13 billion JPMorgan Chase & Co. agreed to pay to settle claims stemming from mortgage misdeeds to quicken similar punishments against other lenders, according to people familiar with the matter, according to Reuters in an exclusive report.
"DOJ may not have the evidence to try this as a fraud case," U.S. District Judge Max Cogburn said.
Vice President Biden said the U.S. should use this opportunity to transition to energy independence and also renewable energy.
U.S. Vice President Joe Biden will make remarks at a New York City energy summit today at 1:45 p.m. ET.
SEBI is also considering investigating the Indian arm of Credit Suisse, which brokered the transaction.
Asia Pacific M&A volumes have surged almost 88 percent so far this year from a year ago, according to Thomson Reuters data.
The Japanese insurer will retain existing management at the Birmingham, Ala.-based target
Goldman Sachs analysts have predicted which team will win the World Cup -- and the effect on the economy. Their tip: Buy Brazil.
The Qatari royal family will a major new investor, in a bid by Germany's biggest bank to end questions about its capital strength.
Major U.S. and European firms are under investigation for possible bribery violations, The Wall Street Journal reports.
Barclays and Credit Suisse are among the banks that have received letters from NY Attorney General Eric Schneiderman.
Sprint is also working to ease regulatory concerns that the deal would hurt competition.
Wall Street Bank representatives are heading to Russia for a conference. It's not political, it's just business.
"Special hiring consideration" spurs inquiry of China banks' practices.
The acquisition is the latest in a flurry of health care sector deals this week aimed at either gaining scale or specialization.
The Detroit automaker will see profits slammed by charges stemming from global recall, S. American currency troubles and Europe restructuring.
A U.S. investor group supported by burned bitcoin traders seeks a rebirth of the pioneering Mt. Gox exchange.
The move comes after Michael Lewis wrote a critical, high-profile book on high-speed trading, which he claims rigs financial markets.
Morgan Stanley managed to boost revenue in its bond trading business, after posting a particularly weak first quarter in 2013
Expectations for U.S. company earnings are on a slippery slope down Wall Street.
Also, management has indicated that mortgage origination volumes have started the year off slowly.