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UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
European banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union.Read More...
SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits
They will pay a combined $9.3 million after the Securities and Exchange Commission charged them for exceeding clients' investment limits over a two-year period.Read More...
Caught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid a national embarrassment
Italy's UniCredit appears to have caught German authorities off guard with a potential multibillion euro merger of Frankfurt-based Commerzbank.Read More...
China needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.Read More...
Justice Department accuses Visa of debit network monopoly that impacts price of ‘nearly everything’
Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.Read More...
Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit
The 61-year-old executive adopted a trading plan for the sale of up to 6 million Nvidia shares, and he has hit that threshold months ahead of schedule.Read More...
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