Goldman Sachs Group quarterly profit doubled as the bank made more money trading bonds before an interest-rate spike hit markets in June.
A big hire for Barclays.
The Manhattan judge hearing the Fabrice Tourre securities-fraud trial urged lawyers to 'have a heart' and not assume jurors speak Wall Street.
The intern did it!
Lawyers for the former Goldman Sachs trader accused of duping clients into buying bad mortgage bonds argued Monday that his incriminating emails were "old-fashioned love letters".
The row over bankers' pay has been reignited by data showing that more than 2,400 bankers in the City were paid in excess of €1m (£870,000) in 2011.
The Serious Fraud Office has charged two brokers with conspiracy to defraud as part of its ongoing investigation into the rigging of Libor.
Citigroup posted a 42% rise in second-quarter earnings on Monday as the bank cut costs and profited from its growing international lending operations.
A black man tried to help a drunk white guy who stumbled into his table at a West Village, New York restaurant - but wound up knocking him out cold for shouting a racist slur, cops said.
JPMorgan Chase posted a 31% increase in second-quarter earnings on Friday after underwriting income jumped and bond trading revenue rose.
Raoul Weil, a former UBS banker, faces tax-dodging charges in France less than a year after he was acquitted of U.S. tax conspiracy allegations.
A former trader at JPMorgan hatched a plan with a broker at ICAP to help Tom Hayes rig Libor by buttering up the bank’s new rate setter, according to recorded phone calls played to a London jury Thursday.
Standard Chartered can cover the $4bn capital gap expected to be revealed by U.K. stress tests without raising new money from investors, as it can generate $6bn by streamlining its retail bank and ending partnerships with other financial institutions, Goldman Sachs said.