No Cash for Goldman Bonuses; GM's Video Games Vision; Airlines Seek Tie-up
B.J. Kang may be the most feared man on Wall Street.
U.S. stock index futures were slightly higher on Friday ahead of the key monthly jobs report for November.
Gold eased back toward $1,200 an ounce in Europe on Friday as a slight recovery in the dollar prompted traders to cash in gains after the previous day's run-up to record highs.
U.S. stock index futures were slightly higher on Friday ahead of the key monthly jobs report for November.
Federal prosecutors investigated Galleon Group hedge fund founder Raj Rajaratnam on suspicions of insider trading more than a decade before he was charged with securities fraud, the Wall Street Journal reported, citing legal filings.
U.S. stock index futures pointed to a flat open on Wall Street on Friday following the previous session's drop, as investors await all-important monthly jobs figures.
Goldman Sachs Chief Lloyd Blankfein is weighing plans to increase the share of compensation paid out in equity to executives in a bid to quell public anger over the probability of large pay-outs, the Financial Times said.
The United States may be emerging from recession but some firms are canceling holiday parties for a second year in a row and others are bragging about having fun on the cheap.
Bank of America Corp will sell nearly $19 billion in equity later on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search.
Bank of America Corp will sell nearly $19 billion in equity later on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search.
Bank of America Corp will sell the securities it will use to help repay $45 billion in government bailout funds Thursday evening, its chief financial officer said.
The top U.S. securities regulator pushed on Thursday to reform mutual fund fees that traditionally used to stimulate fund growth and help cut shareholder expenses.
Bank of America Corp will sell the securities it will use to help repay $45 billion in government bailout funds Thursday evening, based on extraordinary interest, its chief financial officer said.
Bank of America Corp will sell the securities it will use to help repay $45 billion in government bailout funds Thursday evening, based on extraordinary interest, its chief financial officer said.
U.S. stocks lost ground on Thursday after data showing the U.S. services sector shrank unexpectedly in November offset Bank of America's plans to repay $45 billion in taxpayer bailout funds.
Singapore budget carrier Tiger Airways, 49 percent owned by Singapore Airlines, has tapped three banks for an initial public offering expected in January, sources said on Thursday.
U.S. stock indexes pointed to a higher open on Thursday after Bank of America Corp said it would repay $45 billion in taxpayer bailout funds and data showed initial jobless claims fell last week.
Goldman Sachs Group Inc, facing criticism over its outsized profits and bonuses, will invest $61 million in the preservation of rental homes for low-income New Yorkers, the bank said on Wednesday.
A New Media Superpower; Heading off a Backlash at Goldman; Unease on Recovery
U.S. stock index futures rose on Thursday after Bank of America Corp said it would repay $45 billion in taxpayer bailout funds.
U.S. stock index futures rose on Thursday after Bank of America Corp said it would repay $45 billion in taxpayer bailout funds.
