JPMorgan's revenue from trading fixed income, currencies and commodities (FICC) by 5 percent to $4.07 billion in the first quarter. The strong investment banking results ..
Banks are struggling to boost margins as persistent low interest rates and stricter capital requirements offset any benefit from cost-saving initiatives. Net interest income h ..
Digital delivery of music caught up with physical formats like CDs as a money stream for the first time last year, the trade association IFPI said on Tuesday. Piracy and free ..
Wells Fargo, the third-biggest U.S. bank by assets, said Tuesday that its first-quarter earnings fell slightly from the same period a year earlier. The bank got a boost from i ..
Global goods trade will grow by 3.3 percent this year and by 4.0 percent in 2016, less than previously forecast, mainly due to sluggish economic growth, the World Trade Organi ..
Embattled BNY Mellon Corp (BK.N) CEO Gerald Hassell, under fire from activist investors, received a public rebuke on Tuesday at the bank's annual meeting for lagging past ..
The shale oil boom that pushed U.S. crude production to the highest level in four decades is grinding to a halt. \Output from the prolific tight-rock formations such as North ..
U.S. spending on prescription drugs soared last year, driven up primarily by costly breakthrough medicines, manufacturer price hikes and a surge from millions of people newly ..
Framing himself as a politician who's unafraid to share "hard truths" with the American people, New Jersey Gov. Chris Christie is proposing an income cap on Soc ..
Lower oil prices have caused pain for OPEC's less wealthy producers, including Iran, but top exporter Saudi Arabia has been the driving force behind a policy of refusing ..