Google is threatened by a "perfect storm" of litigation with the US Federal Trade Commission (FTC) and the European Commission both readying legal action over how it promotes its own services in search results, and the patent-wielding behaviour of its Motorola Mobility Inc (MMI) phone subsidiary.
Over the past year, the Securities and Exchange Commission received more than 3,000 whistleblower tips from all 50 states and from 49 countries, according to the agency's 2012 Annual Report on the Dodd-Frank Whistleblower Program.
Hedge fund group Man has rid itself of its residual exposure to the collapsed US investment bank Lehman Brothers.
Banks operating in London have been warned by the Financial Services Authority that this year’s staff bonuses must reflect the mis-selling and market manipulation scandals that have damaged the sector in the past 12 months.
Jessica Mang, 30, and 44-year-old Christina Weckwerth, two girlfriends of former Mizuho International investment banker Thomas Ammann were found not guilty of illegally trading on tips from him about Canon’s acquisition of OCE NV.
When MF Global was on the brink of collapse, chaos and confusion spread not only among the firm’s executives in New York, but also among its regulators in Washington, according to a report released on Thursday.
The Federal Reserve changed its annual set of tests for the 30 largest U.S. banks to incorporate the risk of a deeper slump in Asia, where Citigroup has a bigger presence than competitors.
The U.K. taxpayer could lose the entire 66 billion pounds ($107 billion) paid to bail out struggling Royal Bank of Scotland (RBS) and Lloyds at the height of the credit crisis, according to a report by an influential group of UK members of parliament (MPs).
Greenwich University’s student team finished first in the 2012 University Trading Challenge held at Coventry University’s London Campus on November 9th 2012.
The Securities and Exchange Commission has charged BP p.l.c. with misleading investors while its Deepwater Horizon oil rig was gushing into the Gulf of Mexico by significantly understating the flow rate in multiple reports filed with the SEC.