ING Groep NV, the largest Dutch financial-services company, reported profit that missed analysts’ estimates on restructuring costs as it announced another 2,400 job reductions...
Jack Lew, the nominee for U.S. Treasury secretary, emphasized his ability to work across party lines as he tried to win over Republican senators who were focusing on his work at Citigroup Inc...
Donald Trump will fight any approval of an offshore wind farm overlooking his Scottish golf resort in the courts for years, according to George Sorial, the executive in charge of the billionaire’s...
Global investment banks based in Europe and the U.S., facing regulatory and cost-cutting pressures at home, are losing market share in emerging economies to smaller domestic competitors.
Blackstone Group LP hired Anthony Maniscalco to help run a new business that will buy stakes in hedge-fund managers, said three people familiar with the plans.
A Federal Reserve governor is joining those warning that junk-debt investors are poised for losses, while his institution’s policies spur them to keep buying the debt.
U.S. Representative John Campbell plans to offer legislation aimed at reducing the size of “too- big-to-fail” banks by requiring them to hold more capital including long-term debt.
Standard & Poor’s employees sang and danced to a mock song inspired by “Burning Down the House” and joked about the company’s willingness to rate deals “structured by cows” before the...
