Fast-growing trading house Mercuria, led by two former Goldman Sachs (GS) executives, emerged as the front-runner to buy the physical commodities unit of JPMorgan (JPM), one o ..
Overnight trading in Asia had been mixed despite a rebound on Wall Street, but January purchasing manager index (PMI) data helped settle European nerves before the European Ce ..
The euro zone's Christmas shopping season was a sore disappointment as demand for retail goods fell sharply, adding to the risk of deflation for the currency bloc. Despite sig ..
New dates and deadlines for agreeing to a revised US federal government debt limit are back in focus and will be a key driver for resolving the Rating Watch Negative Fitch ass ..
Target Corp's decision to speed up a $100 million program to adopt the use of chip-enabled smart cards is just a drop in the bucket when it comes to what retailers need t ..
After compiling a list of more than 100 CEO candidates, Microsoft settled on Satya Nadella a home-grown leader who joined the software maker in the early 1990s. That's ba ..
(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 ..
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