Mitsubishi UFJ Financial Group Inc. is expanding its U.S. investment banking unit to look more like its bigger Wall Street rivals. The firm is pushing into areas of lending now dominated by rivals such as Wells Fargo & Co. and JPMorgan Chase & Co., Jon ...
Traders who fled banks for hedge funds are on their way back to Wall Street. This month, Barclays PLC hired Chris Leonard, a founder of two hedge funds in the decade since he left JPMorgan Chase & Co., to turn around U.S. rates trading. At ...
The benchmark Nikkei average turned sharply lower to hit a four-month closing low on the Tokyo Stock Exchange Thursday, reflecting U.S. equities' fallback overnight. The 225-issue Nikkei average tumbled 264.21 points, or 1.40 percent, to close at 18,597.06, its lowest finish since Dec. 7 last ...
U.S. Democratic presidential candidate Bernie Sanders warned on Tuesday that financial-sector greed was "destroying the fabric of our nation" and said the starting point of any Wall Street reform effort is breaking up "too big to fail" banks. "If a bank is too big to ...
A top aide to U.S. Democratic presidential contender Hillary Rodham Clinton said on Sunday that criticism of her remarks in Saturday's debate regarding 9/11 and Wall Street campaign contributions would not resonate with average voters. "They were attacking her for being too close to Wall ...
Just days before the first Democratic presidential debate, Hillary Rodham Clinton released a series of proposals aimed at cracking down on bad behavior by Wall Street, vowing that individual bankers who violate the law will be "prosecuted and imprisoned." A new proposal released by her ...
U.S. presidential candidate Hillary Rodham Clinton took swipes at Wall Street and her Republican rivals on Monday, promising to impose tougher regulations on banks and raise the wages of ordinary Americans if she wins the 2016 White House race. Under pressure from a campaign rival ...
The TPP is fatally flawed, and would allow big corporations to run roughshod over national regulations, flattening workers and family farmers alike.
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law. The question is whether bankers can keep up ...
Something was definitely lost in translation when Shinzo Abe spoke in New York on Thursday. First, Japan's self-described reformist prime minister raised the specter of Gordon Gekko, the greed-is-good villain of Oliver Stone's 1987 film "Wall Street." Speaking at the New York Stock Exchange ...
Prime Minister Shinzo Abe told Wall Street on Wednesday that alongside his push for deregulation and empowering women to spur the economy, Japan will contribute to nuclear safety technology by overcoming the Fukushima crisis.
Flashback to Christmas 2002. America was recovering from the twin shocks of the tech bubble crash and the terrorist attacks of Sept. 11, 2001. The stock market was rising, real estate was heating up and optimism was rebounding. And then there was Jim Bruce, surfing ...
