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 ...
Markets struggle to hold onto gains
Global stock markets struggled to hold onto gains made Friday, when strong Chinese economic figures and signs of a U.S. recovery buoyed investor ...
Mixed open on Wall Street; GE, Morgan Stanley up
Stocks indexes are little changed in early trading on Wall Street as the market closes out a strong week in which the Standard & Poor's 500 index hit ...
US futures mixed to close week of strong gains
Stock futures are mixed after major indexes surged throughout the week, with the Standard and Poor's 500 repeatedly marking new five-year highs.
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 ...
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 ...
Can Europe's markets climb through the slump?
The big worry a year ago was that Greece would collapse under its debts, upend Europe's markets and set off a global financial crisis. But the world's ...
US futures steady after S&P closes at 5-year high
Stock futures were little changed Friday in light volume as many investors appeared to take a breather after the Standard & Poor's 500 Index closed ...
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 ...
Top business story in '12: Sluggish global economy
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. The three largest ...
Mass. fines Morgan Stanley $5M over Facebook IPO
Morgan Stanley, the lead underwriter for Facebook's troubled public stock offering, has agreed to pay $5 million to Massachusetts' securities ...
Stocks end little changed after Fed rally fizzles
Stocks ended the day little changed Wednesday after a rally prompted by the Federal Reserve's latest economic stimulus program fizzled out. The Dow ...
Citigroup to cut 11,000 jobs, a familiar story
Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's ...
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