ThinkstockThe world’s economies may have improved since the financial crisis, but now more than ever, the world is drowning in higher and higher debt. A new report from the McKinsey Global Institute suggests that…
CME Group's decision to close a large portion of its trading floor and open outcry operations in New York and Chicago may not come as a surprise to many investors.
The rally seen this week in Greece's major banking stocks has been large enough that it stands out equally as much as the major sell-off that they saw during the prior week.
Monday morning, Ocwen Financial had a strong response to law firm Gibbs & Bruns, regarding residential mortgage-backed securities investors the firm represents.
Courtesy of American ExpressAfter the market closed Wednesday, American Express Co. (NYSE: AXP) reported its fourth-quarter earnings as $1.39 per share on $9.1 billion in revenue against Thomson Reuters consensus estimates of $1.38 in…
Now that all four of the largest U.S. banks have reported fourth-quarter and full-year earnings, it seems like a good time to try to figure out what the banks' investors have to look forward…
The movement in the Swiss franc caused much carnage in European markets on Thursday, as well as the many international brokers and lenders that were affected.