(Reuters) - Morgan Stanley said it would pay $1.25 billion to the U.S. regulator for Fannie Mae and Freddie Mac to settle a lawsuit related to the sale of mortgage-backed secu ..
Chinese households' concentration of wealth in real estate is magnifying the danger to the world's second-largest economy of any property bust, as the nation grapple ..
The nation's largest bank, JPMorgan Chase & Co., will pay $614 million and improve mortgage lending practices under a deal announced Tuesday to settle claims it appro ..
A new judge presiding over Bank of America Corp's (BAC) proposed $8.5 billion settlement with investors in soured mortgage securities on Tuesday postponed entering a fina ..
Sony Corp is in talks with investment fund Japan Industrial Partners to sell its loss-making Vaio personal computer division, a source familiar with the matter said on Wednesd ..
Deutsche Bank AG (DBKGN.DE) has fired three New York-based currency traders, in the latest sign that a probe over alleged manipulation of foreign exchange markets is gathering ..
Asian shares could get a welcome reprieve from selling on Wednesday as Wall Street steadied and investors in emerging markets found some backbone, tempering safe-haven bonds a ..
An unusual coalition of lawmakers from both parties, labor and business leaders, veterans groups and Canada's ambassador to the United States joined forces Tuesday to pus ..
JPMorgan and Sterne Agee cut the target price of the stock - JPMorgan to $5 from $6 and Sterne Agee to $3 from $9. Shares of Yum Brands Inc (YUM) rose 8.9 percent to $72.06 af ..
Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya Nadella may find it tough to push change ..