Burned by Oil Trade, Debt Investors Think Twice
Low oil prices make hedge funds and private equity firms leery of lending to the industry.
Goldman: Recent Volatility Has Done Work of 3 Fed Hikes
Federal Reserve policymakers may take a pass on raising rates next week if they decide the market has already done the tightening for them.
Massachusetts Regulator Investigating BNY Mellon Tech Glitch
Galvin is also querying six fund providers about a tech failure that caused delays in the pricing of mutual funds and ETFs for several days.
Fidelity National Agrees to Buy SunGard for $9.1 Billion
The deal combines a banking and payment firm with a software maker, while pushing Fidelity into the wealth space.
China Devalues Yuan Jolting Global Markets
Emerging-market equities tumbled to the brink of a bear market and industrial metals sold off.
6 Investments Suffering in Commodities Rout
Factors have been conspiring to take the commodities market on a stiff ride—downward.
Valeant Tells Congress a Different Tax Tale Than Investors
The U.S. Senate Permanent Subcommittee on Investigations held its first hearing under new leadership on Thursday with a dive into the U.S. corporate tax code.
Fidelity National Said in Exclusive Talks to Acquire SunGard
The current SunGard deal is valued at $8.3 billion, down from its $11 billion price tag in 2005.
Treasury Securities Dealers Accused of Collusion in Lawsuit
Bank of America and Goldman Sachs are among 22 financial companies accused of colluding to rig Treasury securities auctions in a lawsuit filed by investors.
Goldman Sachs Pays Fine for Roiling Options Market in 2013
Goldman agreed to pay a $7 million fine to settle regulatory claims that it sent thousands of mistaken orders.