Former hedge fund portfolio manager Mathew Martoma will have to put up $5 million bail to remain free on insider trading charges.
Barclays is ordering roughly 8,500 iPads for front-office staff in its 1,600 branches - an average of five per branch - in one of the largest uses so far of Apple's tablets in an enterprise, and one of its first in a UK high street bank.
Four months after a massive trading-technology glitch that cost it nearly half a billion dollars, Knight Capital Group is on the block, say people involved with the discussions, and could be merged in to one of its chief competitors.
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced its Nuveen Asset Management affiliate has appointed Bob Doll as Chief Equity Strategist and Senior Portfolio Manager
After nearly four years in office, SEC Chairman Mary L. Schapiro has announced that she will step down on Dec. 14, 2012.
The head of Canada's central bank Mark Carney has been appointed as governor of the Bank of England, a move that surprised the City where many had expected Paul Tucker, one of the Bank's two deputy governors, to get the top job.
Here's a statement you don't see often in fund managers' results: "We continue to work to moderate the scale of inflows." That's Aberdeen Asset Management talking about its GEM, or global emerging markets, business.
And it's all UBS's fault.
Here's the Top 10 in Fortune's 2012 Businessperson of the Year ranking.
Bank of Canada Governor Mark Carney was unexpectedly appointed as the next head of the Bank of England, succeeding Mervyn King.
'My primary driver in everything that I did was about doing a really good job'.
The Bank Workers Charity has always encouraged healthy living for everyone in the workplace, and has a number of resources available for anybody who wants to make a healthy change in their life.
Few men ever master Wall Street. Jimmy Lee did.