Price volatility has been a non-starter for some investors, but bitcoin has paid off for long-term buyers. Since 2013, bitcoin's annual return has been 216 percent. In comparison, stocks and investment grade bonds have risen 16 percent and...
The Federal Reserve is expected this week to vote on standards that would change the way big banks are regulated, according to a Dow Jones report. Under the plan, banks would be divided into categories...
Economist Mohamed El-Erian told CNBC on Friday the probability of a September rate hike by the Federal Reserve is well below what traders believe. Fed officials including Chairman Jerome Powell have raised interest rates twice this year and have...
Andrew Harrer | Bloomberg | Getty Images File photo: Comcast Chairman and CEO Brian Roberts speaks during a news conference in Washington,...
European banks that are focused on one specific market or have limited cross-border activities will likely fare better than those that don't, the CEO of Austrian banking group Erste told CNBC Monday. Since the global...
Jeffrey Gundlach is ditching Twitter. The founder of DoubleLine Capital said in a tweet late on Sunday he would be deleting his account "due to suspicious activity." The tweet did not elaborate on the suspicious...
Wells Fargo announced Wednesday that Chief Administrative Officer Hope Hardison and Chief Auditor David Julian are taking leaves of absence and will no longer be a part of the bank's operating committee. The company said...
The Federal Reserve will consider a proposal to modify the "Volcker Rule" banning proprietary trading by banks at a May 30 meeting of its board, the central bank announced Wednesday. Federal regulators are expected to...
If bitcoin can't recover $8,600 soon, bitcoin "miners" will likely find it unprofitable to keep creating the cryptocurrency, Morgan Stanley analysts said. Bitcoin traded slightly higher near $8,200 on Thursday, according to CoinDesk. It has struggled to recover...
A federal judge has put on hold, for at least six months, a civil lawsuit accusing J.P. Morgan Chase of rigging the precious metals market, citing an ongoing related criminal investigation. Judge Paul Engelmayer's decision...
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