GOLDMAN SACHS

Chinese President Hu Jintao arrived in the United States on Tuesday for a four-day state visit peppered by U.S. complaints about Beijing's currency policies but sweetened by some $8.5 billion in business deals.

China's securities regulator will begin a trial programme that allows local fund houses to raise money offshore for investment in the domestic financial market, two sources said on Monday.

Goldman Sachs (NYSE: GS) said that its American clients will be excluded from buying shares of Facebook through the financial services giant’s private placement mechanism.

GlaxoSmithKline will record a legal charge of 2.2 billion pounds ($3.4 billion) for the fourth quarter, effectively wiping out its profit, as it settles further claims related to Avandia and sales practices.

China's securities regulator will begin a trial programme that allows local fund houses to raise money offshore for investment in the domestic financial market, two sources said on Monday.

U.S. bank stocks are flying high, and this week's earnings could give investors more reason to be optimistic about the sector.

Goldman Sachs Chief Executive Officer Lloyd Blankfein went to Chicago to pitch Groupon executives on hiring his bank to underwrite the online coupon company's initial public offering, Bloomberg reported on Friday.

U.S. bank stocks are flying high, and next week's earnings could give investors more reason to be optimistic about the sector.

JPMorgan Chase & Co reported a greater-than-expected 47 percent increase in quarterly earnings and struck an upbeat tone that lifted the shares of major U.S. banks reporting next week.

An improving global economy, solid corporate earnings and even easing fears about euro zone debt have been more than enough to rationalise the rising hunger for riskier assets now prevalent on financial markets.

Global law firm Freshfields Bruckhaus Deringer has appointed Robert Ashworth for the role of Asia managing partner.

High-profile banking analyst Richard Bove said the U.S. banking sector is entering into a “golden age.” The financial strategist at Rochdale Securities explains that banks have so flush cash on their balance sheets that corporate earnings will grow by 20 percent annually over the next few years.

JPMorgan Chase & Co reported a 47 percent increase in quarterly earnings, and said loan demand and trading profit could grow this year, boosting investor optimism that revenue for major banks will recover.

JPMorgan Chase & Co reported higher-than-expected quarterly earnings, helped by narrowing losses on bad loans that allowed it to release $2 billion of reserves.

Goldman Sachs raised Infosys Technologies to buy from neutral on Friday, saying it believes a drop in the share prices offers an attractive entry point.

India’s second biggest software services company Infosys Technologies Ltd reported a 14 percent rise in its third-quarter net profit missing analysts expectations, sending its shares down by more than 4 percent.

Infosys Technologies' weaker-than-expected results sparked concerns over growth rates of India's showpiece outsourcing sector as the company flagged a sluggish global economic recovery and currency volatility.

Hong Kong stocks are likely to rise further on Thursday with traders expecting momentum to continue after the benchmark convincingly broke through short-term chart resistance on high volumes.

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to release them from a $65 million settlement over the founding of online social network Facebook.

U.S. bank stocks rose as a broker upgrade and a successful bond sale by debt-ridden Portugal added to a mood of optimism.

U.S. bank stocks rose as a broker upgrade and a successful bond sale by debt-ridden Portugal added to a mood of optimism.