LONDON — British banking group HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its retail bank branches in the U.S., part of a new strategy to focus on fast-growing emerging markets. The bank, ...

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NEW YORK — Goldman Sachs’s earnings more than doubled in the second quarter, but a slump in its bond trading business kept its bottom-line results well below what analysts were expecting. The investment bank earned $1.05 billion in the three ...

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NEW YORK — Bank of America said Wednesday the Federal Reserve has objected to its plan for raising its dividend in the second half of this year, a setback that suggests regulators need to see more evidence that the nation’s ...

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WASHINGTON — Federal regulators have charged a former Goldman Sachs board member with insider trading, saying he provided confidential information to the central figure in a major hedge fund probe. The Securities and Exchange Commission announced the civil charges against ...

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NEW YORK — Facebook says it has raised $1 billion from non-U.S. investors through Goldman Sachs. Combined with a $500 million investment from Goldman, funds Goldman manages and Russia’s Digital Sky Technologies in December, the investments value Facebook at $50 ...

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NEW YORK — Goldman Sachs Group Inc. has prohibited U.S. investors from participating in a private offering expected to raise up to $1.5 billion for social networking site Facebook, citing widespread media coverage that could run afoul of securities guidelines. ...

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NEW YORK — A reported investment by Goldman Sachs and a Russian investor of $500 million in Facebook is a further sign that the social networking behemoth is becoming a powerful force even outside of tech circles, even as the ...

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The Washington Post has published three interesting business stories this week that promise to reverberate into the new year. One is on bank failures: 2010 saw the most U.S. banks go under since 1992, and analysts see more “on the ...

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WASHINGTON — The Federal Reserve on Wednesday revealed details of trillions of dollars in emergency aid it provided to U.S. and foreign banks during the financial crisis. Newly released documents show that the most loan money over time went to ...

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NEW YORK — Stocks fell Monday as investors worried about fallout from Europe’s financial crisis and a widening probe into Wall Street insider trading. Bank stocks led the declines after the Federal Bureau of Investigation raided the offices of two ...

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