A warning from the International Monetary Fund that the US lacks a long-term strategy for dealing with its budget problems dampened the euphoric mood on global stock markets on Thursday.
There were a few contenders for Person of the Year in 2012.
Less is more.
Goldman Sachs accelerated delivery of $65m in stock awards to 10 executives, including CEO Lloyd Blankfein, helping them avoid higher tax rates that take effect this year.
Here are links to 11 books we read this year.
Paulson & Co., the New York hedge fund, was named as a defendant in a proposed revised lawsuit by ACA Financial Guaranty against Goldman Sachs over a collateralized debt obligation called Abacus.
The eleventh hour deal reached to avert the fiscal cliff in the U.S. merely masks the bleak long-term outlook for the country, Nouriel Roubini said in an opinion piece published in the Financial Times newspaper on Thursday.
Royal Bank of Canada took the top spot for arranging stock sales in Canada last year, displacing Toronto-Dominion Bank in the slowest year for equity financings since 2008.
Apple has decided not to disturb its faulty Do Not Disturb (DND) function on its iOS 6 software.
Here's the list of the 11 firms which have been mentioned the most in Here Is The City during 2012.
A former associate of Bernard Madoff avoided prison on Thursday for his role in perpetuating the fraudster’s massive Ponzi scheme because of his extensive cooperation with prosecutors.
Citigroup has been ordered to pay commodities merchant Mercuria almost $14m as part of prolonged legal wrangling over Chinese metals financing deals hit by suspected fraud, a report on Wednesday said.
The new chairman of Barclays has told top staff he intends to double the bank’s share price in three years as he slashes costs and reinvigorates the organisation.