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Gay CEOs urged to lead the way

Thumbs Up At Desk

Does Christopher Bailey's promotion to CEO of Burberry signal a turning point in the visibility of gay people at the top levels of business ?

Lehman sues Giants Stadium over botched 2008 deal

New York Giants

Lehman Brothers Holdings Inc is suing Giants Stadium to recover more than $100 million over canceled interest-rate swap contracts that were used to hedge bonds issued to build MetLife Stadium, according to a court filing.

JPMorgan - rivals closing the gap

Mind the Gap - Suserl

JPMorgan’s advantage over its Wall Street peers is fading in the eyes of credit-derivatives traders as fines and regulator probes hobble profits while firms from Citigroup to Morgan Stanley rebound.



Helicopter Tour

Barclays faces FX lawsuit

A New York-based investment adviser filed a class action lawsuit against Barclays on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners.