Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase cut off the bank's opponents from polling information.
Ming Chao Zhao, a former Bank of Montreal analyst, admitted to engaging in insider trading over an 18-month period and agreed to pay C$1.19m ($1.16m) to settle the case, according to the Ontario Securities Commission.
Bloomberg's data breach offers uncomfortable lessons about how we conduct business in a digital era.
Will it impact you ?
More than three quarters (77%) of whistleblowers from the financial services industry are ignored when they first raise concerns, according to research conducted by whistleblowing charity Public Concern at Work with support from law firm Slater & Gordon.
Suddenly a robotised, automated economic reality is moving off the science fiction pages and into daily life.
JP Morgan faces an angry shareholder revolt this week as investors attempt to strip boss Jamie Dimon of the chairmanship of the banking giant.
Standard Chartered has agreed to buy Morgan Stanley’s Indian wealth management assets for an unspecified price as it seeks to capture more private banking business in the South Asian nation.
SAC Capital Advisors, Steven Cohen’s $15bn hedge-fund firm, told investors it’s no longer cooperating unconditionally with the U.S. government’s insider-trading investigation.
The outgoing governor of the Bank of England has called on the British people not to "demonise" bankers for the financial crisis.
Bank of America probably will report a 5% drop in third-quarter trading revenue amid volatile markets, CEO Brian Moynihan said.
HSBC’s chairman has suggested the bank could retain its domicile in the UK, as his bank mulls moving its headquarters back to the Far East.
By launching a probe into possible insider trading at Citic Securities, China’s biggest and most prestigious brokerage, President Xi Jinping’s government has signalled the financial services industry is fair game for its anti-corruption drive after a stock market bust wiped out $5 trillion in market value.