More technology companies went public this year despite a world economy still trying to find its footing, and that is a good sign the pace of tech initial public offerings might accelerate in 2010.
U.S. banks have already recognized two-thirds of an estimated $2.1 trillion to $2.6 trillion in credit losses, but prime mortgage and commercial real estate would contribute more to the remaining losses, Goldman Sachs said.
Citigroup Inc on Monday named Willem Buiter as the bank's new chief economist replacing Lewis Alexander, the bank said.
ABN AMRO, Goldman Sachs and World Online misled investors during the 2000 initial public offering of the Dutch Internet provider, the Dutch Supreme Court ruled on Friday.
A return to lavish bonuses for Wall Street's top earners could be just the tonic that the Swiss watch industry needs this Christmas after months of austerity depressed sales.
ING priced a rights issue intended to raise 7.5 billion euros ($11.2 billion) at a steep discount, hoping to reduce its dependence on state aid by tapping shareholders made warier by Dubai's debt crisis.
The Federal Reserve is tightening its policies on director eligibility more than six months after then New York Fed Chairman Stephen Friedman resigned after questions were raised about his stockholdings in Goldman Sachs once it came under the Fed's direct supervision.
The Federal Reserve said on Wednesday it will no longer allow directors at regional Fed banks to own shares in financial firms, following controversy over a former Goldman Sachs CEO who bought that firm's stock while leading the New York Fed's Board.
Sensata Technologies, a Dutch company owned by private equity firm Bain Capital, filed for an initial public offering of up to $500 million on Wednesday.
The U.S. Federal Reserve this month asked banks that were part of its stress tests to submit plans to repay government money, if they have not already repaid it, a person familiar with the situation said on Tuesday.
Goldman Sachs upgraded Nasdaq OMX Group to buy from neutral, citing underappreciated growth prospects. The brokerage said it sees the Nasdaq Stock Market parent company getting revenue of about $10 million a quarter from its new N2EX British wholesale power exchange, which the company runs along with Nord Pool.
Challenges for Healthcare Reform; Internet Pay for Play;CEO Delay at BofA?
A New York Times editorial slammed Goldman Sachs for its role in the financial crisis and said that instead of paying big bonuses to its employees it should make a multibillion-dollar gift to help reduce the U.S. national debt.
The charitable trust that controls Hershey Co is pushing the company to launch a rival $17 billion bid for Cadbury Plc , the Wall Street Journal reported on Friday, citing people familiar with the matter.
Akeel Sachak, global head of the consumer team at Rothschild, may get a seat at the table for this year's sweetest deal after all.
Weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday as Wall Street headed for its third straight day of losses.
Some big Goldman Sachs Group Inc shareholders have asked the U.S. bank to cut what could be the biggest bonuses in its history to pass more profit onto investors, the Wall Street Journal reported on Friday.
The U.S. government is having a tough time guesstimating how many small businesses failed in this recession, casting doubt on the reliability of vital data on employment and economic growth.
Big shareholders at Goldman Sachs have asked the U.S. bank, which is on track to pay out the biggest bonuses in the company's history, to pass more profit to investors, the Wall Street Journal reported on Friday.
Big shareholders at Goldman Sachs have asked the U.S. bank, which is on track to pay out the biggest bonuses in the company's history, to pass more profit to investors, the Wall Street Journal reported on Friday.
Inflation not a problem, say Fed officials; Cut bonuses, shareholders tell Goldman; PC sales growth returns at Dell
U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 down 0.04 percent, Dow Jones futures down 0.04 percent and Nasdaq 100 futures up 0.07 percent at 1010 GMT (5:10 a.m. EST).