Goldman Sachs Group Inc offered new tidbits about its sweeping operational overhaul when reporting first-quarter results on Monday, but investors focused on revenue declines across nearly […]
Citigroup Inc reported higher-than-expected earnings on Monday despite declining revenue as the New York-based lender cut costs, grew its investment-banking business and expanded net-interest margin. Powered […]
U.S. stocks slipped on Monday, weighed by losses in financial stocks as earnings from Wall Street’s big banks Goldman Sachs and Citigroup failed to impress. Powered […]
Credit Suisse has agreed to take majority control of Chinese securities venture Credit Suisse Founder Securities Ltd (CSFS), boosting its stake to 51 percent from 33.3 […]
Nike Inc’s long-time brand ambassador Tiger Woods gave investors another reason to cheer on Monday, after the world’s biggest name in golf won the Masters, pushing […]
Best Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the company’s next chief executive officer, the first woman to lead the consumer […]
German prosecutors charged former Volkswagen boss Martin Winterkorn with fraud on Monday over his role in the carmaker’s manipulation of diesel emissions testing, more than three […]
Two major shareholder advisory firms urged investors to vote against billionaire investor David Tepper’s hedge fund demand that Allergan Plc immediately split the roles of chief […]
The U.S. Supreme Court on Monday cast aside pharmaceutical company Allergan Plc’s unorthodox bid to shield patents from a federal administrative court’s review by transferring them […]