U.S. bank Wells Fargo has drawn up plans to build up its overseas operations and wants to expand into 20 markets worldwide, the Financial Times reported on Monday.
A team of top proprietary traders at JPMorgan Chase & Co is set to launch what is likely to be one of the largest hedge fund start-ups in 2012, the Financial Times reported on Sunday.
American International Group is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
American International Group is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
Deutsche Bank has shuffled some of its senior U.S. investment bankers, appointing Jim Ratigan as co-head of Americas M&A, an internal memo obtained by Reuters showed.
Bailed-out insurer American International Group Inc has announced the sale of shares of Hong Kong-based AIA Group Ltd by means of a placing to certain institutional investors.
House Majority Leader Eric Cantor and U.S. Sen. Tom Coburn, both well-known conservatives, praised Romney as some Republicans still grapple with whether they can endorse the so-called Massachusetts moderate.
India has enjoyed generally benevolent relations with the Jewish state.
Rep. Ron Paul expressed doubt Sunday that Rush Limbaugh was sincere when he apologized for calling a law student a slut over her support for President Barack Obama's new policy on insurance coverage of contraceptives.
Saudi Arabia has raised the price of its flagship Arab Light crude oil for customers in Asia, who buy more than half of its crude exports, by $1.25 a barrel for April, while cutting prices for its heavy crude for European buyers, state-run Saudi Aramco said on Sunday.
The iPad 2 may have won the Best Tablet category at the Mobile World Congress in Barcelona last week, but the iPad 3 will have to launch with significantly impressive features if it wants to measure up against the ASUS Transformer Prime TF700 Infinity that was unveiled at the CES show in January.
BP's pipeline carrying crude from the oil hub of Cushing, Oklahoma, to its refinery in Whiting, Indiana, began increasing rates on Friday, data monitor Genscape said on Sunday.
Enbridge Inc said on Sunday it has no indication yet when it can restart a major U.S. Midwest oil pipeline after a deadly vehicle accident in Illinois the day before caused an oil leak and fire, forcing the company to shut down the line.
The International Committee of the Red Cross delivered emergency aid to areas near the battered Baba Amro district of Homs Sunday, but, for the third day running, the Syrian goverment kept it out of the former rebel bastion amid reports of bloody reprisals by Assad regime forces.
The Red Cross delivered emergency aid to areas around the battered Baba Amro district of the Syrian city of Homs on Sunday, but was blocked for a third day from entering the former rebel bastion amid reports of bloody reprisals by state forces.
Read Obama's address to the American Israel Public Affairs Committee conference, where he talks about his commitment to Israel and the dangers of Iran's nuclear program.
At his annual address at the pro-Israel lobby group AIPAC Sunday morning, President Barack Obama sought to reaffirm his commitment to Israel's security while warning against too much loose talk of war that has driven up the cost of oil.
In a yield-starved and uncertain world in the West, emerging market corporate bonds denominated in U.S. dollar could offer investors attractive opportunities, according to the latest Western Asset commentary.
To talk bullish on gold looks like a risky proposition at the moment -- last Wednesday, gold saw one of the most brutal routs in a year when it tumbled five percent. It indeed recovered 1.5 percent the next day, broadly symbolizing the roller-coaster ride of bullion in recent times.
Will big companies like IBM or venture capital-backed companies ensure the technology future of the U.S?
The burning of Qurans at a NATO base in Afghanistan helped the Taliban's cause and any repeat of similar negligence by Western forces would be disastrous, the country's army chief of staff told Reuters in an interview on Saturday.
Natural catastrophes in the United States caused $35.9 billion in insured losses last year, significantly higher than the 2000-2010 annual average of $23.8 billion (in 2011 dollars). The Insurance Information Institute has some advice to speed the insurance-claims settlement process, should one of them happen in your neighborhood.
