Financials

"An entity like Merrill may not avoid liability by using another broker to obtain fraudulently issued ADRs on its behalf," the SEC says.

A 31 per cent rise in turnover at Kennedys saw the firm's global turnover rise from £149.9m to £196m, while UK turnover grew 14 per cent from £101.5m to £118m.

McKinsey & Co. agreed to pay $15 million to settle the U.S. Justice Department allegations that the consulting firm failed to make required disclosures of potential conflicts in three bankruptcy cases it has advised on in recent years.

JPMorgan Chase & Co. (JPM) is dismissing hundreds of workers in its asset and wealth-management division after a periodic review of staffing, Bloomberg reported citing people familiar with the matter.

Bank of America continues to make significant investments to modernize more than half of its financial centers nationwide, along with its entire ATM n

Amazon released its Q3 sales results on Thursday, as well as its profit guidance for Q4. Despite strong revenue growth over the last three months, the company’s stock has taken a hit as projections for the holiday season fall short.

Americans' demand for credit declined over the previous year as expected, as mortgage interest rates rose, while the percentage of approve Source: www.channelnewsasia.com U.S. demand for...

U.S. long-term mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales season.

Press release content from Business Wire. The AP news staff was not involved in its creation.

Merck KGaA, Darmstadt, Germany, a leading science and technology company, has signed a definitive agreement to acquire Versum Materials, Inc. (NYSE: V