Fox Business
Piraeus Bank Posts First-Quarter Net Profit After Merger Deals
24 minutes ago
Piraeus Bank (TPEIR.AT), one of Greece's largest lenders, on Monday reported a first-quarter net profit of 3.62 billion euros ($4.64 billion), largely due to a one-off capital gain of EUR3.4 billion relating to a negative goodwill contribution following the acquisition of the Greek units of troubled Cypriot banks.
Morgan Stanley sued in 'pay-to-play' retirement plan case
26 minutes ago
Morgan Stanley has been sued by an Alabama medical laboratory that claims it steered retirement plan business to ING U.S. Inc and others in exchange for extra fees in an illegal "pay-to-play" scheme.
Biggest traders helping EU oil probe, not in it: sources
49 minutes ago
European investigators have asked top trading houses Glencore , Vitol and Gunvor to help with a probe into oil price manipulation, while not suggesting they are under investigation, industry sources said on Monday.
Citi Names New CEOs of CitiMortgage, Private Bank and Citi Holdings -Memo
53 minutes ago
Citigroup Inc. (C) shuffled the top executives of several businesses including its private bank and mortgage unit and the unit that houses non-core businesses and assets.
LONDON MARKETS: FTSE 100 Jumps To Highest Close Since 2000
53 minutes ago
U.K.'s benchmark stock index ended at the highest closing level since September 2000 on Monday, boosted by banking shares and a rally for budget airline EasyJet PLC.
EUROPE MARKETS: Europe Stocks Extend Rally, Track U.S. Higher
1 hour 4 minutes ago
European stock markets extended gains in choppy trade on Monday, with car makers in the driver's seat after a broker upgrade, while the broader sentiment tracked the U.S. higher.
Bank Analyst Michael Mayo Doesn't Want the `Jamie Show' at J.P. Morgan Meeting
1 hour 28 minutes ago
When veteran bank analyst Michael Mayo heads to Tampa, Fla. to attend J.P. Morgan Chase & Co.'s (JPM) annual meeting Tuesday, he will be looking for more than just the "Jamie Show."
Blackstone, Pactera insiders make $680 million offer
1 hour 44 minutes ago
Pactera Technology International Ltd said on Monday that Blackstone Group LP , together with the company's management, made a $680.
MARKET SNAPSHOT: U.S. Stocks Grind Higher To All-time Highs
1 hour 49 minutes ago
U.S. stocks traded slightly higher, grinding further into all-time high territory after a slow start Monday with Yahoo Inc.'s acquisition of Tumblr and other deal news dominating investor attention.
Citi names new heads of mortgages, private bank, Citi Holdings
2 hours 15 minutes ago
Citigroup Inc Chief Executive Michael Corbat named Jane Fraser as the new head of the bank's mortgage business on Monday ,as current CitiMortgage CEO Sanjiv Das plans to leave the bank to pursue other opportunities, according to an internal memo.
TECH STOCKS: Yahoo Shares Edge Up After Tumblr Deal
2 hours 37 minutes ago
Yahoo Inc.'s $1.1 billion acquisition of blogging-service operator Tumblr claimed the tech sector's spotlight on Monday, with the deal seen as a potential gamble by Chief Executive Marissa Mayer in her attempts to reinvigorate the one-time Internet pioneer.
Morgan Stanley Selling India Wealth Management Assets
2 hours 39 minutes ago
Morgan Stanley (MS) Monday said it will sell its wealth-management business in India to Standard Chartered PLC (STAN.LN) for an undisclosed amount.
CME Halted Silver Trading 4 Times as Prices Slid 9%
2 hours 55 minutes ago
Exchange operator CME Group Inc. (CME) said it halted silver trading four times Sunday evening due to highly volatile markets, a spokesman told Dow Jones Newswires.
CME Halted Silver Trading 4 Times Sunday as Prices Slid 9%
3 hours 6 minutes ago
Exchange operator CME Group Inc. (CME) said it halted silver trading four times Sunday evening due to highly volatile markets, a spokesman told Dow Jones Newswires.
Group Led by Blackstone Launches Bid for Pactera
3 hours 24 minutes ago
A consortium led by U.S. private equity firm Blackstone Group L.P. (BX) has launched a bid for U.S.-listed Chinese outsourcing firm Pactera Technology International Ltd. (PACT) in a deal that values the company at around $662.3 million.
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