financial industry

Survey: We Don't Trust Global Business Leaders to Tell the Truth

Public trust in business, government and media leaders and has fallen in the wake of financial and political scandals, a new global survey reveals. Among the most glaring results: Fewer than 1 in 5 of us trust business leaders to tell the public the truth.

U.S. Bank Earnings Up 6.6%, Most in 6 Years

U.S. banks earned more from July through September than in any other quarter over the past six years. The increase is further evidence that the industry is strengthening four years after the 2008 financial crisis.

'Wall Street Wives' Gets Down to Business with Auditions

Devon Fleming's casting call for her planned reality TV series, "Wall Street Wives," attracted the media attention that producers relish, and hundreds of women responded. She allowed The Price of Fame to attend a recent audition, where we got a glimpse of the sort of drama the show might deliver.

M&A Activity Expected to Jump 36% in 2011

Global mergers and acquisitions activity is expected to rocket upward 36% next year, getting its strength from the financial and real estate industries, according to a report released Monday -- a level of increase that hasn't been seen since the credit crisis hit.

Morgan Stanley Earnings Preview: Profits Will Fall

Morgan Stanley is expected to report sharp declines in third-quarter earnings and revenue ahead of Wednesday's opening bell, hurt by months of weak trading activity. The financial giant is forecast to post earnings of 15 cents a share, less than half the 38 cents a share booked a year ago.

Where's MY bailout?

I've been against the whole concept of "government bailouts" of private businesses from the start. The theory was that we, as consumers, needed the...