cat-imageFinance

Wells Fargo dismisses consumer lending head Franklin Codel

Wells Fargo & Co said on Friday Franklin Codel, a senior executive vice president and head of its consumer lending organization, has been dismissed, effective immediately.

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Wells Fargo fires consumer lending head Franklin Codel

Wells Fargo & Co said on Friday Franklin Codel, a senior executive vice president and head of its consumer lending organization, has been dismissed, effective immediately.

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China sets sweeping new rules to regulate $15 trillion asset management products

China's central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing to fend off systemic risks in the country's rampantly growing sha...

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China sets sweeping new rules to regulate asset management products

China's central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing to fend off systemic risks in the country's growing shadow bankin...

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China's central bank tightens guidelines on asset management products

China's central bank issued on Friday draft guidelines to tighten regulations on financial institutions' asset management business, a key component of the country's rampantly growing shadow banking...

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U.S. junk bond funds post fourth-biggest week of outflows ever: Lipper

U.S. fund investors walloped high-yield funds with their biggest week of withdrawals since March, Lipper data showed on Thursday.

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U.S. junk bond funds post fourth biggest week of outflows ever: Lipper

U.S. fund investors walloped high-yield funds with their biggest week of withdrawals since March, Lipper data showed on Thursday.

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U.S.-based junk bond funds post fourth-largest week of outflows on record

U.S. fund investors walloped high-yield funds with their largest week of withdrawals since March, Lipper data showed on Thursday.

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Mistrial in NY corruption case against union chief, hedge fund executive

A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City's correction officers' union and a co-founder of the now-defunct hedge fund firm Platinum...

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Barnes & Noble says investor's plan to take it private not 'bona fide'

Barnes & Noble Inc (BKS.N) said on Thursday a deal proposed by an activist investor to take the bookstore chain private was not "bona fide" as its chairman and founder, Leonard Riggio, would not&he...

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Activist investor draws up plan to take Barnes & Noble private: WSJ

Sandell Asset Management Corp, an activist investor in Barnes & Noble Inc, has proposed a transaction that would take the bookseller private with the help of current shareholders and debt financing...

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Ex-banker Otting confirmed as U.S. Comptroller of the Currency

A former banking executive and associate of U.S. Treasury Secretary Steve Mnuchin was confirmed by the Senate on Thursday to be U.S. Comptroller of the Currency, serving as the leading regulator of...

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