Banks have won a significant concession from global regulators after being granted four more years to introduce measures that will make them less vulnerable to Northern Rock-style runs and financial shocks.
GLOBAL SYNDICATED LENDING DOWN 19% FROM 2011
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Another nail in the coffin of pre-credit crisis bonus culture is set to come with the 2012-13 bonus season.
Here Is The City enjoyed a record 2012, with 7,801,960 visitors making some 24,218,314 visits to our site throughout the year.
The U.S. Treasury Department’s inspector general has threatened to punish JPMorgan Chase for failing to turn over documents to regulators investigating the bank’s ties to Bernard Madoff’s Ponzi scheme.
Switzerland's oldest bank, Wegelin & Co, is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes.
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Europe's largest financial institutions, which have been readjusting since the onset of the 2008 financial crash and the sovereign debt crisis that followed, are causing pain all over the globe that will have long term implications, according to analysts.
Mathew Martoma, the former SAC Capital Advisors portfolio manager charged in what prosecutors called the biggest insider trading scheme in history, pleaded not guilty to criminal charges.
Goldman Sachs Asset Management has announced that it has entered into an agreement to acquire Imprint Capital ('Imprint'), a leading institutional impact investing firm and innovator in developing investment solutions that generate measurable environmental, social, and effective governance ('ESG') impact alongside a financial return.
Worldwide announced Mid-Market M&A deals valued up to $500 million (including undisclosed value deals) totaled US$440.9 billion for the first half of 2015, a 6.3% increase year-on-year.
Tom Hayes told a London court Monday that he was suicidal and depressed two years ago when he admitted to prosecutors that he was behind a scheme to rig Libor rates.