Finance

Brent Lewin | Bloomberg | Getty Images State Street Financial Center building, which houses the company’s headquarters, in Boston, Massachusetts. A former executive at State Street is set to face trial on U.S. charges that he participated in a scheme to defraud the bank’s clients by charging them secret commissions …

Andrew Harrer | Bloomberg | Getty Images David Solomon, co-president and co-chief operating officer of Goldman Sachs Group Inc., gives a thumbs-up during a discussion at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., on Tuesday, Feb. 13, 2018. Goldman Sachs President David Solomon said the bank is …

Morgan Stanley’s chief U.S. equity strategist believes the stock market is in the midst of a cyclical bear market that could last through the end of next year. “I think we’re in a rolling bear market. Every sector has gone down at least 11 or 12 percent at least once …

Aaron P. Bernstein | Bloomberg | Getty Images Randal Quarles, vice chairman of supervision at the Federal Reserve, speaks during a meeting with the Board of Governors for the Federal Reserve in Washington, D.C., on Wednesday, May 30, 2018. Randal Quarles, the Federal Reserve’s vice chairman for bank supervision, said …

Shares of Cars.com jumped 8.8 percent Wednesday after a report the online car retailer hired J.P. Morgan to explore a possible sale. Shares rose 1 percent in after-hours trading. The New York Post reported Wednesday afternoon, citing a source, that Cars.com has hired J.P. Morgan to explore strategic options that …

Getty Images Roger Newport, chief executive officer of AK Steel Holding Corp., listens during a press conference following a meeting with U.S. President Donald Trump and steel and aluminum executives at the White House in Washington, D.C., U.S., on Thursday, March 1, 2018. Profitability at parts of AK Steel remains …

Kimberly White | Getty Images Marc Benioff, CEO of Salesforce, speaks at the GLAAD Gala at Metreon on September 8, 2016 in San Francisco, California. Check out the companies making headlines after the bell on Tuesday: Shares of Salesforce gained more than 4 percent in after hours trading. The cloud …

Simon Dawson | Bloomberg | Getty Images Daniel Pinto, JPMorgan’s chief executive of corporate and investment bank. J.P. Morgan Chase, the world’s biggest investment bank by revenue, said that trading revenue in the second quarter is likely to be about unchanged from a year ago amid charges related to taxes …

Prisma Bildagentur | UIG | Getty Images Tianjin City in China on February 1, 2016. The chairman of a Chinese bank was found dead in his office on Saturday with slits on both his wrists, South China Morning Post reported, citing one state media outlet. The deceased man, Yin Jinbao, …

Brendan McDermid | Reuters People pass by a video sign display with the logo for Roku Inc, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, U.S., September 28, 2017. Shares of Roku spiked Friday after short-seller Citron Research said it is reversing …