Allen Stanford - who has at one time or another been represented by 18 different attorneys - has decided the best person for the job is himself. Stanford, who has no legal training, says he is invoking his right to represent himself.
RBS becomes a headache for Citi.
French banking group Societe Generale reported forecast-beating second-quarter earnings on Thursday which more than doubled from the same period a year ago, despite tough conditions in Europe.
Barclays' cash call on Tuesday, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.
Sad to report.
The head of Citigroup's Asia Pacific prime brokerage, Hannah Goodwin, is retiring after more than eight years at the U.S. bank, two sources familiar with the matter said and Citigroup confirmed.
Another day, another possible problem.
The Securities and Exchange Commission has charged the tipper of confidential information to a S.A.C. Capital portfolio manager who has been charged with insider trading.
Management consulting firm Accenture is in talks to acquire rival Booz & Co., a deal that would beef up its strategy and operations consulting services, The Wall Street Journal reported on Tuesday, citing people familiar with the matter.
The Securities and Exchange Commission (SEC) have reported that they have charged a former high-ranking official at Madrid-based Banco Santander S.A. and a former judge in Spain with insider trading based on non-public information about a proposed acquisition for which the Spanish investment bank was acting as an adviser.
Gaming the global financial system was as easy as saying, 'please, matey', according to one former UK trader.
HSBC CEO Stuart Gulliver said recent moves by Britain's new government reflected a more positive mood towards the financial sector, as the bank continues to weigh where it should be headquartered.
Morgan Stanley delivered quarterly earnings that fell well short of analysts' expectations on Monday, as investors fled the bond, currency and commodity markets amid uncertainty about the timing of a U.S. interest rate hike and concerns about China's cooling economy.