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Bank watchdogs considering Volcker Rule tweak

Paul Volcker Interview Pic

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.

Why wealthy exes want to get divorced in London

Marriage

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.

Another bad day for Barclays

Barclays Bike

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.

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People News - C Suisse, Goldman

Chris Callahan, Credit Suisse’s head of trading for commercial mortgage bonds and collateralized loan obligations, left the bank at the end of last week, he said.

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Pimco sees fund rise after Gross exit

Investors who pulled an estimated $52.7bn from the Pimco Total Return Fund this year may feel like freeway drivers who changed lanes only to see themselves falling behind traffic.