Goldman Sachs won’t delay distribution of U.K. bonuses to help minimize employees’ tax rates, a person with direct knowledge of the decision said.
There's a '50-50 chance' that Dell would be taken private under a deal reportedly under discussion, private equity billionaire Wilbur Ross told CNBC on Tuesday, in reaction to reports that the computer maker is in talks with PE firms about a potential $20 billion-plus buyout.
Jim O'Neill, chairman of Goldman Sachs Asset Management, spoke with Tom Keene and Sara on 'Bloomberg Surveillance Tuesday and said that the Bank of Japan must show it is serious about inflation targeting for the yen to weaken further.
Keep your head down - and your fingers crossed.
A former Citigroup secretary was found guilty by a federal jury of stealing $1.3m from William Salomon, the 98-year-old former Wall Street banker who was the son of the founder of Salomon Brothers.
The Federal Reserve Board orders some changes at JPMorgan Chase & Co after the London Whale losses.
By Bloomberg contributor William D. Cohan
Sir Mervyn King, governor of the Bank of England, has waded in to the row over bonuses at Goldman Sachs warning it would be "rather clumsy" and "lacking in care" of big banks to attempt to defer bonuses to allow highly paid bankers to pay a lower rate of tax.
When CEO Michael Corbat announced a long list of promotions and executive changes at Citigroup earlier this month, one notable feature of the lineup was its all-male cast.
An investigation of JPMorgan Chase was opened by the U.K.’s finance regulator as to whether traders in London broke any rules related to wrong-way bets on credit derivatives that lost their unit $6.2bn.
Deutsche Bank has disputed allegations by Germany's financial watchdog, sources close to the firm said, in its official response to a preliminary report into interest rate manipulation which threatens sanctions against the bank and individuals.
Stay organized and optimize your workspace with these seven office essentials.
Tom Hayes, the first trader to stand trial for rigging Libor, said his efforts to influence the rate over four years were ultimately unsuccessful.