The CFTC would be conducting a formal meeting to discuss its new rule on swaps. The US Commodity Futures Trading Commission (CFTC) announced for a formal meeting on July 12 to discuss how new rules apply abroad.

According John Wasik, the past week has been an abject lesson for investors who piled into bond funds this year.

The Swiss Bankers Association (SBA) said last Friday that most of their UK resident clients would rather come clean and pay their taxes instead of paying one-off punitive tax payment.

Steven A. Cohen run SAC Capitol announced strong return of investments for the month of June Hedge fund firm run by billionaire Steven A. Cohen, SAC Capitol Advisors announced that they are seeing a strong return of investments in June despite the global market sell-off.

Due to stock market corrections, UBS announced that they are adjusting their portfolio Asset allocation strategists from UBS are saying that they are increasing their 'overweight' stance when it comes to equities.

Egypt stocks soar and debt insurance cost plummet after ousting of President Mursi After the military ousting of President Mohamed Mursi, Egyptian share soared 6% and debt insurance costs plummeted.

Cash crunch in China does not signify banking crisis According to experts, China's financial system is on a healthier trend. The recent cash crunch experienced by the country did not signal any systematic risk.

According to a data shown by fund research firm Morningstar, PIMCO Total Return Fund marked its weakest monthly performance last June.

According to analysts, big US banks were caused a multi-billion dollar dent after the selloff in the bond market in the last eight weeks.

There are more than a dozen top banks that are finalizing plans to run a GBP20 billion share sale in Lloyds Banking Group.