Ailing Italian bank Monte dei Paschi di Siena (BMPS.MI) has all but failed to pull off a privately funded rescue plan, unable to find investors to take up its share offer at t ..
U.S. bond fund manager Pacific Management Investment Co named Jeffrey Thompson as executive vice president and portfolio manager of its commercial real estate team. Prior to j ..
Goldman Sachs Group Inc (GS.N) will pay a $120 million penalty to resolve civil charges that it attempted to manipulate a global benchmark for interest rate products known on ..
U.S. President-elect Donald Trump's transition team is considering the use of discretionary trusts to avoid conflicts of interest for Trump family members or administrati ..
Traditional measures of volatility at historic lows and Wall Street stocks at new record highs went hand-in-hand in 2016 with traders fretting about bouts of wild stock-price ..
U.S. mortgage application activity rebounded from its lowest level since January despite interest rates on 30-year fixed-rate home loans hitting their highest levels in over 2 ..
Oil rose on Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to 10 percent, which would be the strongest perform ..
The dollar eased from 14-year highs on Wednesday, giving back some of the gains chalked up since Donald Trump's U.S. election victory, while concerns over banks pulled Eu ..
British engineering company Rolls-Royce (RR.L) denied a report in The Guardian newspaper on Wednesday that it had in the past sold equipment to Iran by exploiting a series of ..
BRUSSELS/LONDON (Reuters) - Coca-Cola Co (KO.N) has reached a deal to buy Anheuser-Busch InBev's (ABI.BR) majority stake in their African bottling venture for $3.15 billi ..