The head of the world's biggest bond fund said he sees a more than 1 in 3 chance that the euro zone will break apart and trigger a financial crisis.
Wells Fargo & Co. has agreed to purchase global equity manager EverKey Global Partners.
Wells Fargo & Co. will pay up to settle criminal charges and civil claims for Wachovia Bank's conspiring to overcharge state and local governments on investments.
MetLife Inc. must defend a lawsuit by the beneficiary of a policy who claimed the insurer paid $302,000 to the wrong person.
Bill Gross is backing away from Pacific Investment Management Co.'s outlook for a “new normal” after lagging behind the majority of his peers during the biggest bond-market rally in nine years.
The Internal Revenue Service is reducing spending in anticipation of budget cuts for this fiscal year, commissioner Douglas Shulman wrote in a letter to lawmakers last week
Economist Nouriel Roubini said the U.S. economy could be entering another recession just as policymakers' options dwindle and the European debt crisis looms
Accounting firms would have to consider how much risk their clients take when auditing brokerage firms under rules proposed by the Public Company Accounting Oversight Board.
Firings down, manufacturing up; economy gaining momentum going into 2012
