Euro zone countries edged toward agreeing a plan to tackle ailing banks on Tuesday but divisions remain about key parts of the reform that is needed to underpin confidence in ..
(Reuters) - Banks and asset managers scored some small victories after U.S. regulators narrowed the scope of a provision in the Volcker rule that restricts banks' ownersh ..
U.S. banks will no longer be able to make big trading bets with their own money after regulators finalized on Tuesday a rule shutting down what was a hugely profitable busines ..
Until two years ago, Mary Barra, the incoming CEO of General Motors Co (GM), was little known outside the automaker. Barra, a 33-year GM veteran who turns 52 on Christmas Eve, ..
During three decades of working for Bernard Madoff, Frank DiPascali said knew his boss was running an illegal scheme. But the longtime aide also maintained he believed Madoff& ..
Budget negotiators in the Congress have reached an agreement on Tuesday that, if approved by the House and Senate, could restore some order to the nation's chaotic budget ..
Named to his new position on Tuesday, Dan Ammann will fill what many analysts and investors saw as a gap in his resume by managing GM's regional operations around the glo ..
General Motors Co CEO Dan Akerson will step down next month and be replaced by GM "lifer" and global product chief Mary Barra, a sign that the development of new veh ..
MasterCard is splitting its stock for the first time since the credit card processor went public more than seven years ago. ..
Fisker Automotive Holdings Inc might not be making its plug-in Karma sports cars anymore, but it still knows speed. The company's lawyers convinced a bankruptcy judge on ..
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