When Frankfurt social worker Stefan Mohr needed a new location for the troubled children he works with to express themselves through spray paint and graffiti, it did not take him long to find a potential site.
A federal judge on Friday approved Bank of America's $39 million settlement of a gender discrimination lawsuit by female brokers over objections that the accord would enshrine bias on Wall Street.
Bank regulators said Friday that they would consider exempting certain complex securities from the so-called Volcker Rule after community banks sued the agencies, warning of massive losses.
Nasdaq OMX Group said Friday it will pay up to $41.6 million in compensation on Tuesday to firms that suffered losses related to Facebook's botched initial public offering.
Sad to report.
Anyone falling short after two months allegedly told they would be fired.
Happy holidays for some.
All's fair in love, war and banking.
January is famously the month in which more people file for divorce than any other. And if your marriage is at an end, you're a member of the international jet set and earn less than your partner, London seems to be the best place to secure a generous settlement.
Barclays has been fined $3.75 million by a U.S. regulator over its alleged decade-long failure to properly keep electronic records, emails and instant messages.
The bonus cap will receive no exemptions.
Robert MacNaughton, head of distressed debt trading in the U.S. for Credit Suisse, is leaving the bank after more than 15 years, according to a person briefed on the move.
Rogue trader John Rusnak will not have to give evidence at the looming New York trial in which AIB is suing Citibank for $872m, a judge has ruled.