The Wall Street Journal reported that UK prosecutors are likely to file LIBOR manipulation charges against former UBS and Citigroup trader Tom Hayes for allegedly trying to manipulate benchmark interest rates.
In an interview with the Wall Street Journal, CIT Group chief executive officer John Thain talks about what attracted him to CIT and what it’s been like over the past three years to preside over a business he didn’t really know well.
The Wall Street Journal reported that Dell has filed proxy materials with the SEC regarding its proposed acquisition by Michael Dell and Silver Lake Partners, again arguing that going private is best for the company.
The Wall Street Journal reported that U.S. companies are on track to raise the most money through IPOs since before the financial crisis.
The Wall Street Journal reported that William Dudley, president of the Federal Reserve Bank of New York, promoted a plan for the central bank to scale back the pace of its bond-buying program as the jobs market improves.
The Wall Street Journal reported that three more top banks will broaden their clawback policies to cover more executives, increase disclosures or add potential triggers.
The Wall Street Journal reported that U.S. companies with a record windfall of dividends and share buybacks, helping to propel the stock market’s rally.
The Journal said companies in the S&P 500 index are expected to pay at least $300 billion i…
The Wall Street Journal notes that a surge in loans to businesses is raising worries that lenders are competing so aggressively that some will pay for their largess down the road.
The Wall Street Journal reported that U.S. regulators are widening their probe of global interest-rate-rigging by scrutinizing what they claim is a pivotal role of two UK brokerage firms in the scandal.
The Wall Street Journal reports that the heads of major U.S. banks are sounding cautious notes about the next 12 months; however, some analysts tracking their companies don’t share the bankers’ persistent unease.