The Securities and Exchange Commission has announced that RBC Capital Markets has agreed to a $2.5m settlement for causing materially false and misleading disclosures about its valuation analysis in a proxy statement for Rural/Metro Corporation’s sale in 2011 to a private equity firm.
Europe needs to see more banking mergers for the sector to be in position to become more profitable, Deutsche Bank Chief Executive John Cryan said on Wednesday, amid a report Germany's biggest lender had looked at No. 2 player Commerzbank.
Deutsche Bank's boss has given his backing to London as a financial hub, even though he thinks it might end up looking different to what we know now.
Theresa May set the cat among the corporate pigeons when she promised to reform boardroom governance at UK public companies.
PricewaterhouseCoopers has been fined £2.3m by the accountancy watchdog over its auditing of the subprime lender Cattles and its biggest division, Welcome Financial Services, in 2007.
The urge to merge ?
UBS has brought in psychologists, data scientists, shipments specialists and pricing experts to overhaul how it generates investment ideas and recommendations for clients.
Societe Generale shut its energy and commodities research unit in Paris this week, according to people with knowledge of the matter.
Citron Research's Andrew Left disputed a Hong Kong tribunal's ruling he engaged in market misconduct, but said he's through commenting on China.
Ask a bright 20-something graduate where he or she wants to work and chances are they will tell you Google. That’s a far cry from before the global banking meltdown when whiz kids saw a career on Wall Street as a badge of honour
The chief suspect in the murder of a British banker found tortured and strangled in South Africa is reportedly a woman he invited into his apartment the night before.
Losses at Leda Braga’s computer-driven hedge fund this year are running at about twice the level suffered by a macro fund run by billionaire Alan Howard. Yet, while Braga has raised money, investors have pulled billions of dollars from Howard’s fund.