Bank of America to pay $7.23 million after overcharging mutual fund customers: FINRA
Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.
Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up.
Americans are hurting from the economic fallout of coronavirus pandemic, and military veterans are no exception.
The Labor Department is easing rules around certain 401(k) funds investing in private equity. Some think it could boost returns, while others believe it exposes investors to higher fees and more risk.
The European Central Bank approved a bigger-than-expected expansion of its stimulus package on Thursday to prop up an economy plunged by the coronavirus pandemic into its worst recession since World War Two.
The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns due to the coronavirus pandemic.
A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March bolstering optimism around an economic rebound from the coronavirus-driven slump.
The U.S. economy may have hit its low point in the coronavirus crash but the rebound so far remains tepid, according to both broad indexes of activity and higher frequency counts of cellphone data and employee time information.
EBay Inc raised its current-quarter revenue and profit forecasts on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more through its online platform, sending its shares to a record high.
A 6.3 billion euro ($7 billion) state-backed loan for Fiat Chrysler (FCA) , financed by Intesa Sanpaolo , is crucial in terms of safeguarding Italy's economy, the head of the country's biggest retail bank said.
Many U.S.-listed Chinese firms will likely list on the Hong Kong exchange this year, in part because of U.S. political pressure following China's new national security legislation on Hong Kong, the head of the exchange said on Thursday.
An email by a Goldman Sachs Group Inc employee about his experiences of racial injustice and criticizing managers at the Wall Street bank for not supporting junior bankers from diverse backgrounds went viral at the firm this week.
South Korean prosecutors have requested an arrest warrant for Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a 2015 merger and alleged accounting fraud in a suspected bid to aid his succession plans.
At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers to be shipped to customers in the United States.
Asian stocks were poised for their biggest weekly rise in over eight years while the euro hovered near a 1-1/2 month high as Europe's central bank surprised with more stimulus, fuelling hopes for a global rebound.