Before we go off the 'fiscal cliff', or before at least some taxes rise to avoid it, here are ways Wall Street is bracing for the new year. It's the annual list of finance-related cocktails created by Cognito, a financial marketing and PR firm.
Nomura’s Norikazu Akedo will become the sole head of Asia-Pacific equities after joint chief John Adair resigned, said two people with knowledge of the situation.
In the good old days, when Peter Clarke was finance director of Man Group, his job was to count the winnings as the AHL computer programme churned out excellent investment returns and enormous management fees. Back then, annual cash bonuses of £5m or £7m were the norm in the boardroom and executives could expect even bigger windfalls when their share options matured. AHL was a sensation, averaging an 18% annual return.
A hotel maid who claims she was brutally assaulted by Dominique Strauss-Kahn has settled her civil action against the former IMF chief for an undisclosed sum, in a move that allows her to "move on with her life", lawyers said.
Three British men were arrested on Tuesday as part of the investigation by the Serious Fraud Office into the manipulation of Libor.
Another kick in the teeth.
HSBC has reached agreement with United States authorities in relation to investigations regarding inadequate compliance with anti-money laundering and sanctions laws.
U.S. state and federal authorities decided against indicting HSBC in a money-laundering case over concerns that criminal charges could jeopardize one of the world’s largest banks and ultimately destabilize the global financial system.
Standard Chartered has announced that it has reached final settlements with the Office of Foreign Assets Control ('OFAC'), the Federal Reserve Bank of New York, the Department of Justice and the New York County District Attorney’s Office regarding historical sanctions compliance and U.S. dollar payment practices primarily between 2001 and 2007.
Bill Gross is here for his favourite doughnut, the cake one with coconut frosting, but he’s not going to get it, not today.
Three traders suing the U.K. Financial Conduct Authority over improper identification in bank settlement notices were given the green light by a London judge to proceed with their cases.
The world is watching with bated breath as the Greek people consider how to vote in the country’s upcoming referendum.