Barclays has been fined by British regulators over anti-money-laundering control failings linked to a secretive $2.83 billion deal it arranged for a number of rich clients.
Monuhar Ullah, a senior manager who helped oversee controversial tax-focused trading strategies in Bank of America Corp.’s equities division, is leaving the bank.
Investors pushed government-bond prices and the dollar to new highs on Friday, ahead of a week that will test assumptions about economic growth on both sides of the Atlantic.
The U.K. stress tests have a focus on emerging markets, but investors may have overlooked the potential corporate credit woes.
Carl Icahn’s battle with AIG’s management have pushed the insurance giants shares higher. Investors should beware of turbulence ahead.
Low heating bills and inexpensive gasoline prices should benefit holiday spending.
Sales of newly built homes rose in October, leaving the housing market on track for its best year since 2007.
Japanese Prime Minister Shinzo Abe said he would increase spending on social programs and raise the minimum wage as he tries to jump-start the flagging economy.
As Apple Pay enters China, the country’s lead in mobile payments provides a road map of sorts.
A sharp slowdown in printer supplies poses a growing problem for the new HP.