FINANCIAL SERVICES

The major bank was convicted of defrauding Fannie Mae and Freddie Mac before the mortgage collapse.

Amazon's move comes a day after Flipkart, India's largest online retailer, raised $1 billion from investors.

Americans are borrowing more than ever before to buy new cars. That’s good for the industry — for now.

Unpaid credit card bills, medical bills and utility bills all contribute to past-due debt, according to a new report from the Urban Institute.

Many local governments in Italy have reportedly taken several international banks to court for losses incurred on complex derivatives products.

President Barack Obama has criticized companies for harming the U.S. economy by “cherry-picking the rules” to avoid taxes.

Goldman Sachs downgraded its global equities allocation to neutral only in the short term, as the brokerage is still overweight stocks in the longer term.

Amazon just said it might lose close to a billion dollars next quarter, and investors barely blinked.

A newly released study shows which cities have the highest percentage of millionaires.

According to a report, the fund is shifting focus to longer-term investments and riskier products to sustain attractive rates of return.

The bank's motion to dismiss the N.Y. fraud charges -- claiming only the SEC has the authority to do that -- may come back to haunt it.

The Finnish workers were killed in their taxi by two men brandishing guns on a motorcycle.

Norway's oil-funded portfolio is the largest sovereign wealth fund in the world.

Facebook is expected to grow revenue by more than 55 percent in the second quarter.

More young adults prefer to invest in cash for the long-term than any other age group, according to a new Bankrate.com survey.

An amendment just passed by the House would make the cannabis industry a more attractive partner for financial institutions.

China's economy dwarfs the other members of the BRICS. Why does Beijing even need to share power in a new development bank?

The crash affected shares of Malaysia Airlines as well as those of Cathay Pacific Airways and Air China.

Morgan Stanley, ranked No. 2 globally in mergers-and-acquisitions, benefited from a strong equities market in the quarter.

The new U.S. sanctions effectively shut off medium- and longer-term dollar funding for companies close to Vladimir Putin.

Finding the current bitcoin price and conversion rates can now be done entirely in the Google search engine.

Here's how community colleges can help students get loans -- and repay them.

The institution is designed to compete with the World Bank and International Monetary Fund.

A recent poll shows more American expats are thinking about renouncing citizenship to avoid harsh new tax laws.

"Toward the end of the second quarter, we saw encouraging signs across our businesses."

The Illinois attorney general sues two companies for proffering "bogus services" to student loan borrowers.

The targeted lending program, which was announced in June, is expected to disburse the first round of funds in September.

Chicago-based AbbVie wants to buy Shire to cut its tax bill and diversify its product line-up.

The Dow Jones Industrial Average fell 1 percent, or more than 170 points.