Shelling out a $25 billion penalty is certainly painful. But it is something bank-stock investors may be able to grin and bear. The reason: The foreclosure-abuse settlement agreed on Thursday among banks, state attorneys general and the ...
MADRID—Bankia SA, which just months ago was hailed as a success of the country's banking consolidation, on Friday will outline its plans to comply with Spain's new bank-cleanup rules—standards that have raised some doubts about the lender's ...
Does the syndicate lending to Alibaba Group Holding Ltd. hold clues to who will come to dominate the lending landscape in Asia? As the WSJ has reported over the last few months, European banks, who have traditionally been big lenders to ...
LONDON—European regulators said the Continent's banks are well on their way to replenishing their capital cushions, but concerns persist that the lenders aren't taking sufficiently drastic actions to fortify themselves.
One eye-catching nugget in the treasure trove of correlation data released by HSBC this week is the news that French government debt has very little correlation with investor risk appetite.
If the Australian government wants to guarantee a return to surplus, there's roughly 6 billion Australian dollars (US$6.44 billion) in their coffers targeted for mortgage-backed bond deals that have possibly overstayed their use.
Deutsche Bank analysts reckon BHP Billiton's harvest of several non-core assets could bank the world's biggest miner up to US$10 billion. Though the broker notes BHP will be in no hurry to sell, the miner has emphasized its focus on large, ...
By Prudence Ho Hong Kong - Chinese Internet company Alibaba Group Holding Ltd. plans to borrow $3 billion to buy back shares held by Yahoo Inc., people familiar with the situation said.
Barclays PLC has capped the cash component of bonuses at £65,000 (US$103,000) people familiar with the matter said. Barclays is responding to a difficult environment for investment banks and intense political scrutiny of pay in Britain.
By Natasha Brereton-Fukui of Dow Jones Newswires SINGAPORE - Reliance Industries Ltd.'s new US$1 billion 10-year dollar bond strengthened in initial trading Friday, in a positive sign for the many hopeful Indian debt issuers waiting in the ...
By Stephen Grocer from WSJ's Deal Journal blog. Deal Journal colleague Shanny Basar reports on Goldman's European ambitions: David Viniar, chief financial officer at Goldman Sachs, said the bank sees an opportunity to gain share as European ...
Equity markets are rather lackluster Friday with investors still, still, waiting for Greece to sort out its austerity measures to secure a critical second bailout. It's a good thing that analysts have plenty of equity rating changes for ...
De Beers, the world's largest diamond miner, could be sounding the first warning calls that consumers this year will be cautious buyers faced with an economic outlook that's not too shiny.
A cover story in the Economist in May 2000 struck a dispiriting note. "Africa," the magazine declared with great authority (and more than a ring of truth), "the hopeless continent."