Royal Bank of Scotland has suspended another trader as part of its ongoing investigation into the potential manipulation of Libor.
The New York Times has been blocked in China for reporting that premier Wen Jiabao's family have controlled assets of at least $2.7bn (£1.67bn).
No view from the Shard ?
Kweku Adoboli, the former UBS trader accused of causing the largest unauthorized trading loss in British history, broke down crying moments after taking the stand for the first time at his London trial on Friday.
Former Morgan Stanley investment banker David Barrett is joining hedge fund Gotham Asset Management LLC as head of investor relations.
Nine bosses of the nine largest banks in the United States trooped into a gilded conference room at the Treasury Department on Monday in October 2008..
Here's a new feature, 'The Week in Review - 5 Days of Financial Markets News.
Michael Cardillo, the ex-Galleon Group LLC portfolio manager who was the first person to tell the U.S. that former Goldman Sachs Director Rajat Gupta was a source of illegal tips for Raj Rajaratnam, was sentenced to three years of probation Thursday.
Meredith Whitney's favorite big bank remains Bank of America, despite the firm's recent legal troubles regarding its mortgage practices.
Investment bank Jefferies has sued a former client for about $8m in unpaid fees linked to Vodafone Group’s multi-billion-dollar takeover of Spanish cable operator Grupo Corporativo Ono SA.
HSBC is to cut 8,000 jobs in the UK in a move that will see its name and red hexagonal logo disappear from the high street after 15 years.
Stifel Financial have announced that it has entered into a definitive purchase agreement to acquire Barclays’ Wealth and Investment Management, Americas franchise in the U.S. (“Barclays Wealth Americas”).