Israel central bank chief to step down in June
The governor of Israel's central bank, widely credited with steering the nation's economy safely through years of world financial turmoil, resigned ...
Obama picks former prosecutor to head SEC
President Barack Obama sent his strongest signal yet Thursday that he wants the government to get tougher with Wall Street, appointing a former ...
UK judge rejects Barclays' LIBOR anonymity bid
A British court has rejected an attempt by Barclays to shield the names of more than 100 present and former employees of the bank allegedly involved ...
Morgan Stanley's profit surges, stock soars
Profits roared back at the investment bank Morgan Stanley in the fourth quarter, reversing a loss in the same period a year ago, when its results were ...
What to watch for as earnings news rolls in
With fourth-quarter earnings seasons hitting its stride, investors are returning to the familiar comfort of cold, hard numbers — the press releases, ...
HSBC to pay $249M to settle foreclosure-abuse case
British bank HSBC will pay $249 million to settle federal complaints that its U.S. division wrongfully foreclosed on homeowners who should have been ...
Asia stocks rise as US, China economies improve
Asian stock markets rose Friday after signs that the U.S. economic recovery is gaining traction and a rebound in China's growth emboldened investors ...
Legal expenses drag down Citigroup 4Q earnings
Citigroup's fourth quarter earnings fell short of Wall Street's expectations as the bank's legal expenses rose and it released less money from its ...
Taxpayers will ease banks' costs in mortgage deal
Consumer advocates have complained that U.S. mortgage lenders are getting off easy in a deal to settle charges that they wrongfully foreclosed on many ...
S&P 500 surges on housing starts, jobless claims
The Standard and Poor's 500 index climbed to another five-year high after strong reports on housing starts and unemployment claims made investors more ...
US futures jump after jobs, housing data
Stock futures jumped Thursday as the government reported that weekly applications for unemployment benefits hit a five-year low and the construction ...
Goldman, Morgan Stanley pay $557M in mortgage case
Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who ...
Asia stocks gain on Bernanke comments, weaker yen
Asian stocks posted modest gains Tuesday after Fed chief Ben Bernanke said the central bank's bond buying is providing crucial support for the U.S.
Stocks little changed on Wall Street; Apple slides
Apple held down the Standard & Poor's 500, pushing it further below the five-year high it reached last week, after the technology giant's stock sank ...
Stocks gain for second week, keeping S&P near high
Stocks gained for a second straight week as company earnings reports started to come in, keeping the Standard and Poor's 500 index within a fraction ...
Banks prepare for earnings; mortgages cast a pall
Legal troubles and regulatory scuffles keep piling up for the banking industry, a fact that's sure to drag down results when the banks start reporting ...
US banks to pay $8.5B in mortgage settlement
Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting ...
10 banks agree to pay $8.5B for foreclosure abuse
Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been ...
A surprisingly good vintage as market logs gains
If you'd told investors what was going to happen in 2012 — U.S. economic growth at stall speed, an intensifying European debt crisis, a slowdown in ...
Fewer US banks failing as industry strengthens
U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008.
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