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Early movers: TWTR, VLKAY, AXP, SJM, AZO & more
Posted: 27 September 2016 | 8:19 am

Names on the move ahead of the open.

American Express can bar merchants from steering card customers elsewhere
Posted: 27 September 2016 | 6:34 am

A federal appeals court cleared the way for American Express to block merchants that accept its cards from steering customers toward lower-cost cards.

US Labor Department launches review of all Wells Fargo complaints
Posted: 27 September 2016 | 6:13 am

U.S. Labor Department pledged to conduct a "top-to-bottom" review of all cases the department has received concerning Wells Fargo in recent years.

Bank of America to cut Asia investment banking jobs: Sources
Posted: 27 September 2016 | 12:11 am

Bank of America is set to cut investment banking jobs in Asia, including some top dealmakers, as a slowdown forces banks to cut costs.

South China Sea fishing rights at top of Duterte’s agenda in Beijing
Posted: 26 September 2016 | 10:09 pm

Filipino fishermen have complained of harassment by Chinese government boats in the Scarborough Shoal.

Are Hong Kong's small-caps ready for China fever?
Posted: 26 September 2016 | 8:24 pm

Chinese investors could soon dominate the Hong Kong market, redefining how shares, especially small-caps, are traded and priced.

After-hours buzz: KITE, JUNO, COL, TWTR and more
Posted: 26 September 2016 | 5:27 pm

These are the stocks posting the largest moves after the bell, including: KITE, JUNO, COL, TWTR and more.

Hedge fund big Perry Capital to shutter after 28 years, hit by 'unpredictable' market
Posted: 26 September 2016 | 4:55 pm

The hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds.

The hedge fund fee structure just took another blow
Posted: 26 September 2016 | 2:11 pm

The heat on hedge fund fees is getting turned up, and one major player has made a significant capitulation.

Tarullo: Fed will seek more capital from largest US banks
Posted: 26 September 2016 | 12:11 pm

The Federal Reserve will seek more capital from largest US banks and relieve smaller banks, Fed Governor Daniel Tarullo said Monday.

Wall Street wakes up to the possibility of a Trump win
Posted: 26 September 2016 | 12:05 pm

Wall Street had been treating Trump's candidacy as a sideshow not to be taken seriously with little chance of victory.

Banking analyst Mike Mayo rips Wells Fargo CEO in a scathing note
Posted: 26 September 2016 | 9:07 am

Banking analyst Mike Mayo says in a note to investors Wells Fargo executive pay "clawbacks" should be put in place.

What to do if you were scammed by Wells Fargo
Posted: 26 September 2016 | 8:16 am

News that Wells Fargo employees opened thousands of unauthorized accounts for existing customers may make you wonder if you got scammed, too.

Bank of America set to cut about two dozen Asia investment banking jobs: Sources
Posted: 26 September 2016 | 8:03 am

Bank of America is set to cut about two dozen investment banking jobs in Asia, including some top dealmakers starting this week.

Early movers: DB, DIS, TWTR, GM, SNY, REGN, GS & more
Posted: 26 September 2016 | 7:51 am

Names on the move ahead of the open.

Wells Fargo CEO John Stumpf gets $123.6 million if he walks
Posted: 26 September 2016 | 7:46 am

Stumpf would get a big payday to walk from the bank, with millions in severance and stock value if he retires, USA Today reports.

Online groceries retailer FreshDirect raises $189 million
Posted: 26 September 2016 | 7:22 am

FreshDirect said on Monday it had raised $189 million in a round led by JPMorgan Asset Management, as it seeks to expand its geographic footprint.

Goldman axing nearly 30% of Asia investment banking jobs: Sources
Posted: 26 September 2016 | 6:14 am

Goldman Sachs is cutting almost 30 percent of its 300 investment banking jobs in Asia in response to a slowdown in activity in the region.

Optimism in UK financial sector hits global financial crisis low
Posted: 26 September 2016 | 1:33 am

Only one in 10 financial firms told the CBI/PwC survey they saw any upside to the Brexit vote.

China is developing a train that can go 310 miles an hour in any weather
Posted: 25 September 2016 | 10:44 pm

China is designing its next generation of trains that can carry passengers at a top speed of 500km/h, the SCMP reports.

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