They make flip-flops and pet food. They sell miniskirts and motorcars. They mine iron ore and distribute soda. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
A series of emails and instant messages between Barclays traders - peppered with colourful and obscene language - is at the heart of federal energy regulators' effort to impose record fines over a complex plan to manipulate California power markets.
The wife of former Credit Suisse broker Eric Butler, convicted in a $1bn fraud case, can’t keep funds in the couple’s jointly used accounts, a Brooklyn, New York, federal judge ruled.
Here's a technology sketch with Ronnie Corbett and Harry Enfield from a Christmas' 'One Ronnie' TV special.
Nomura was found by the country’s securities watchdog to have been involved in an insider-trading incident last year.
Here's something truly corney sent in by one of our readers.
The mounting bill U.K. banks face for payment protection insurance (PPI) mis-selling is now around £12.3bn ($19.8bn), making it the costliest bank mis-selling scandal ever in the UK, according to consumer group Which?.
Clever too, if a tad morbid.
Royal Bank of Scotland is preparing to enter talks with regulators to settle Libor-rigging claims, the boss of the bailed out bank said on Friday, as it admitted the cost of the payment protection insurance (PPI) scandal had now reached £1.7bn.
Dow Jones Newswires says that UBS may, in the end, cut as many as 14,000 jobs, Swiss weekly Bilanz reports in an advance copy of its Friday edition, citing an unnamed source at the firm.
The Justice Department is looking into possible fraudulent manipulation of the $12.5tril Treasurys market, The New York Post has learned.
UBS plans to transfer assets and operations into a new Swiss unit on June 14 to meet regulatory demands to make the company easier to break up in a crisis.
Navinder Singh Sarao will never rank among the most notorious inmates of HM Prison Wandsworth.