Government plans to sell Lloyds shares to the public will mean financial gains for a lucky few but political insurance for the bank.
Noble Group has been busy buying back its beleaguered stock. That risks weakening the more important fight: defending its credit.
Activism-defense specialist William Anderson is leaving Goldman Sachs for Evercore Partners, according to people familiar with the matter.
U.S. regulators are sounding the alarm about banks’ exposure to oil and gas producers, a move that could limit their ability to lend to companies battered by a yearlong slump in prices.
BP agreed to pay $18.7 billion over 18 years to settle all federal and state claims arising from 2010’s Deepwater Horizon oil spill, including the biggest pollution penalty in U.S. history.
The acquisition of Chubb by ACE likely signals the start of a merger rush for U.S. insurers. AIG isn’t likely to join in.
An improving job market is giving Americans the wherewithal to keep buying more. But things aren’t so good that spending is about to really rip.
The Justice Department is probing airline expansion practices. But cheap valuations will allow shareholders to be patient.
Brazil’s antitrust agency is investigating banking giants HSBC Holdings PLC, Citigroup Inc., Deutsche Bank AG and others on suspicion of forming a cartel to manipulate the exchange rate of the Brazilian currency, the real.
Intel Corp. said President Renée James is stepping down, one of several management changes as CEO Brian Krzanich shakes up the chip maker.