The ex-wife of SAC Capital Advisors founder Steven A. Cohen won reinstatement of most of a lawsuit in which she seeks $8.25m in damages based on claims the hedge fund is 'the product of an ongoing racketeering scheme' that engaged in insider trading.
Germany’s Bundesbank is looking into allegations by former Deutsche Bank employees that the firm hid losses during the financial crisis, a person with knowledge of the matter told Bloomberg.
Barclays generated revenue of more than £1bn a year between 2007 and 2010 from its controversial tax avoidance division, data published in the Salz review shows.
Matthew Taylor, a former Goldman Sachs trader, pleaded guilty to concealing an unauthorized $8.3bn trading position in 2007, causing the bank to lose $118m.
Royal Bank of Scotland and former directors including ex-chief executive Fred Goodwin are being sued for up to £4bn by thousands of private shareholders in a class action law suit.
In the report commissioned by the bank after it was fined $428m for manipulating Libor in June, Rothschild vice chairman Anthony Salz criticized Barclays for failings in its culture and urged it to improve its openness and transparency.
Royal Bank of Canada has announced that it has acquired the Athena Energy Group, a market leading natural gas supplier in Quebec. The acquisition expands RBC Capital Markets' existing business, which offers structured pricing for natural gas supply, from Ontario into Quebec.
Global Debt, Equity & Equity-related.
GLOBAL DEBT CAPITAL MARKETS FALLS 14% FROM 2012
Certain questions can be a career killer.
After Tuesday's last minute collapse, investors on Wednesday had to wait until the closing bell to see if a market rally could hold.
Britain’s economic recovery has helped bonuses return to within a whisker of their pre-recession peak, according to official data.
Wall Street firms have been bleeding talent to hedge funds, buyout firms and technology companies. Now they’re facing another predator: smaller banks in states like Ohio and Rhode Island.