EghtesadOnline: Roughly a decade after the global financial crisis, central banks around the world may not have much left in their toolkit to boost the economy, according to the head of the Organization for Economic Cooperation and Development.
EghtesadOnline: The second half of this year may be a golden opportunity for investors to enjoy handsome returns from the most benign global economic backdrop since the financial crisis, before the story changes in 2018.
EghtesadOnline: U.S. financial regulators on Monday discussed the Volcker rule governing banks' speculative trading, tackling one of Wall Street's biggest concerns and a sign President Donald Trump's administration is listening to banks' wishes about reforms resulting from the financial crisis.
EghtesadOnline: The global art market contracted for the second straight year in 2016, falling to the lowest level since the financial crisis as economic and political volatility weighed on auction sales.
EghtesadOnline: They were called public enemies. They were strung up in effigy during protests in London and New York. Their behavior spurred an outcry that changed the politics of the West.
EghtesadOnline: More hedge funds closed in 2016 than in any year since the financial crisis as investors moved money to larger firms and withdrew assets.
EghtesadOnline: Banks globally have paid $321 billion in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and terrorist financing, according to data from Boston Consulting Group.
EghtesadOnline: Moody's Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Friday.
EghtesadOnline: Shares of Goldman Sachs Group Inc on Wednesday climbed to their highest levels since the financial crisis, as the bank benefited from a post-U.S. presidential election rally.
EghtesadOnline: Since 2008, when the upheaval of the financial crisis descended on global markets, the International Monetary fund, among other global institutions, scrambled to help governments avert a more disastrous outcome–and as the IMF's second-in-command, David Lipton puts it, to avoid another much-feared Great Depression.