If you are a Wall Street honcho and you decided not to cancel your trip to Davos, Switzerland, this year, you must be feeling pretty good about things.
UBS Chairman Axel Weber raised the possibility of an industry-wide settlement for the rest of the banks involved in the Libor rate fixing scandal at a meeting of top bankers in Davos, sources familiar with the matter said.
Barclays has appointed City headhunters to find three new non-executive directors, as Sir David Walker looks to refresh the bank’s board following last summer’s Libor-fixing scandal.
Twitter Inc. was valued at about $9bn after early employees sold $80m in shares to a fund managed by BlackRock, three people with knowledge of the matter said.
The Royal Bank of Scotland boss responsible for deciding the fate of the most financially stretched companies in Britain has insisted the bank did the right thing by stopping HMV tipping over into bankruptcy for almost two years – before finally pulling the plug this month.
Nothing lasts forever: if history has any lesson for us, it is this.
Sheryl Sandberg, the chief operating officer of Facebook, has launched a fierce attack on the gender stereotypes that hold back women at work at the World Economic Forum in Davos.
In a series of interviews to mark his departure, Geithner discussed his central role in the financial crisis.
It would be nice to have £53m in bonuses to lose!
Morgan Stanley gave Chairman and Chief Executive Officer James Gorman a compensation package for 2012 that’s 30% less than his 2011 award, excluding a new incentive package, a person familiar with the decision said.
From Franklin Templeton Investments to BNP Paribas, global financial firms that once pushed to expand in Russia are pulling out as prolonged sanctions deepen the country’s first recession since 2009.
In search of scandal and the high life, things didn't quite work out the way this intern planned.
A German prosecutor is set to charge eight Deutsche Bank employees following an investigation into tax fraud linked to trading of carbon certificates, Der Spiegel magazine reported on Saturday, without disclosing any sources.