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Goldman Sachs and other banks are so heavily regulated, it is tempting to wonder whether BDCs are effectively replacing them.
Brazil's government is likely to step in to protect creditors in scandal-tainted oil giant Petrobras, say financial markets participants, though many believe the company can repair its own balance sheet.
Credit card companies are more competitive than ever, but it's hard to make money on 2% cash back.
The Brazilian oil giant has become a battleground stock like Fannie Mae, Freddie Mac or Herbalife.
Bank of America must resubmit its capital plan following the second round of Federal Reserve stress tests for 31 systemically important banks.
General Electric CEO and Chairman Jeff Immelt's job appears secure, at least for now.
New CEO Tidjane Thiam is not Swiss but he is culturally closer to the Swiss than outgoing CEO Brady Dougan.
Ordinarily, investors shouldn't get too excited about share buybacks, but when it comes to Goldman Sachs, they may be the investment bank's only hope of boosting its share price.
Debt collectors are facing increasing scrutiny from the government, leading to uncertainty for investors.
Investor relations executives at GE have been poking fun at an analyst report that says CFO Jeff Bornstein could replace Jeff Immelt within a year.