One of the world's most infamous and longest-running white collar crime cases could come to a dramatic end Friday, when Jeffrey Skilling and prosecutors go before a judge to ask that the former Enron CEO be released early from prison.
Former UBS trader Tom Hayes appeared in a London court on Thursday accused of conspiracy to defraud in connection with a global investigation into the Libor interest rate rigging scandal.
Tom Hayes, the former UBS and Citigroup derivatives trader, conspired with employees at HSBC, Rabobank Groep and other banks, as well as brokers, to manipulate Libor rates, prosecutors said Thursday.
As swingeing government cuts bite, critics may have questioned George Osborne's soul, but Barack Obama appears to have no such doubts about the chancellor.
PIMCO co-CIO Bill Gross appeared on Bloomberg TV's 'Street Smart' with Trish Regan and Adam Johnson today, where he said that investors who are selling Treasuries on expectations that the Federal Reserve will scale back QE are missing the influence of inflation on the Fed's decision.
Investors are underestimating the potential profitability of Barclays' securities unit as the firm cuts costs and is able to reinvest capital, according to Morgan Stanley research.
Credit Suisse and Julius Baer, the largest Swiss banks embroiled in a U.S. tax-evasion probe, may face delays in reaching settlements after the Swiss Parliament rejected a bill that would have freed the industry to send information to the U.S.
Singapore’s smog level reached a all-time high Thursday, as officials head to Jakarta to discuss ways to stem the pollution caused by forest burning on the Indonesian island of Sumatra.
The scale of the capital shortfalls of each of Britain's major banks is expected to be revealed by the banking regulator on Thursday amid mounting speculation that the big eight players could have been ordered to find up to £27bn to plug gaps identified by the watchdog.
As part of the strategic agenda announced in November 2012, the Commerzbank will cut a total of 5,200 full-time equivalents by 2016.
The public is to be offered cut-price shares in Lloyds Banking Group as the government moves to complete the sale of its stake in the bailed-out bank more than eight years after the financial crisis.
A man was able to successfully buy google.com, the domain name for the world’s most popular website, for $12 (£7.90), minutes before the company contacted him to say the transaction had been cancelled.
Any EMEA involvement announced deals for the first nine months of 2015. Data compiled by Thomson Reuters.