Bonds

Legendary bond fund manager Bill Gross has filed suit against PIMCO, the giant bond fund company he founded in 1971 and left last year in a decidedly acrimonious split.

The Pimco Total Return Fund, launched by Bill Gross, has lost its title as the world's biggest bond mutual fund, following two years of withdrawals.

After Bill Gross' abrupt departure, Pimco's Total Return Fund has scaled back dramatically on its leverage, or "borrowing," to achieve financial results, FOX Business has learned.

Top brass at Pacific Investment Management Co. may have started making pleas to financial advisers around the world this week, but that doesn’t mean those advisers are listening.

Standard & Poor's owner McGraw Hill Financial posted a better-than-expected quarterly profit as it earned more from its financial information and indexes businesses.

Mohamed El-Erian will step down as chief executive and CIO of bond giant PIMCO in mid-March, Allianz said.

Goldman Sachs easily trumped Wall Street expectations in the fourth quarter even as fixed-income trading revenue slumped. 

Bank of America settled all claims with Freddie Mac arising from residential mortgages sold to the government-backed housing agency through 2009.

Moody's reported third-quarter earnings and revenue that missed expectations on Wall Street as the structured finance revenue declined. 

Goldman's profits stalled out in 3Q as weak bond-trading volumes overshadowed tumbling expenses.

Bank of America swung to a profit from a year-earlier loss in the third quarter, beating Wall Street expectations as provisions for credit losses fell.

A new analysis suggests ratings firm S&P may have gone back to its pre-crisis ways faster than its peers.

BofA will pay MBIA $1.6 billion to to settle a long legal battle over mortgage putbacks. As part of the agreement the banking giant will also glean the ability to buy 4.9% of MBIA. 

The ratings firm's earnings rose 8.6% as it continued to benefit from strong corporate-finance results.

The New-York based company posted a 10% jump in net income as investors increasingly turned to the money manager's higher-fee stock funds.

The exchange agreed to pay $750 million in cash to acquire the eSpeed platform from BGC Partners. 

The exchange agreed to pay $750 million in cash to acquire the eSpeed platform from BGC Partners. 

A quick flip through a newspaper or TV channels and Maine voters may think that the only thing on the ballot next week is the combative three-way race for governor.

Markets are taking a pause from basing every move on the latest rhetoric out of the Fed regarding the timing of the first interest rate hike in nearly a decade.

Safety trade underway as 10-Year yield hits lowest level since February 2015.