Starting Wednesday, the social network Twitter is making all users adopt its latest design, which includes a Facebook-like header photo.
Mark Carney, the governor-elect of the Bank of England, has dropped a strong hint that he would favour more vigorous action to boost the UK economy if growth remained subdued when he takes over next summer.
Getting to the nitty-gritty now.
A former UBS and Citigroup trader was arrested by the Serious Fraud Office and City of London Police today, said the people, who asked not to be identified citing the continuing investigation.
Bank of America has boosted bonuses for Merrill Lynch financial advisers who steer clients to use more of the bank’s products.
Goldman Sachs bankers failed to raise red flags about Lernout & Hauspie's accounting irregularities more than a decade ago, costing speech recognition software pioneers at Dragon Systems nearly all of their life's work and about $600m, a lawyer told a jury on Monday in federal court.
Morgan Stanley might seek approval from the U.S. Federal Reserve to repurchase shares for the first time in four years, The Wall Street Journal reported, citing people familiar with the firm's thinking.
American International Group’s rescue is coming to an end more than four years after the U.S. took over the company to save the global economy in a bailout that fueled resentment against Wall Street.
From the perspective of its balance sheet, Harvard is more of a hedge fund than a university.
There were a few to choose from.
William Anderson, Goldman Sachs’s top activist defence banker, is leaving to join Evercore Partners, according to two people with knowledge of the matter.
Russia’s biggest banks are scaling back their London investment banking ambitions as sanctions curb deal-making and deter clients from trading with them.
Former Goldman Sachs director Rajat Gupta lost his latest bid to throw out his insider-trading conviction and prison sentence, even after an appeals court last year made it harder to prosecute tipping cases.