Security professionals investigating the cyber attacks that crippled the websites of U.S. banks last month have discovered the tools at the heart of the attacks are more complex than previously thought and have also been found in Saudi Arabia.
JPMorgan Chase's Barry Zubrow, who oversaw risk management while the bank amassed credit- derivative bets that led to a multibillion-dollar trading loss, will retire at the end of this year.
Goldman Sachs Asset Management Chairman Jim O’Neill said he did not apply to become the next governor of the Bank of England.
Ron Teerlink, head of Royal Bank of Scotland's business services division, has announced he will leave the lender next year, marking the exit of the last former senior ABN Amro manager.
The race to become next governor of the Bank of England will enter the final straight on Monday morning as applications close in the search for a successor to Mervyn King. The inside candidate, Paul Tucker, is viewed as the favourite despite his stumble during investigations into the Libor scandal.
Got some cash to spend ? How about a piece of the Greek islands of Rhodes or Corfu ? Or a royal palace, a marina, or even a consulate building ?
Here's an oldie but goodie.
Well, it is Friday, so we thought we'd again share with you a couple of 'off the wall' stories.
Top firm CEO sends a strong message to his staff on headcount and pay.
Royal Bank of Scotland suspended a trader for trying to rig the Singapore dollar swap offer rate, indicating employees may have sought to manipulate more than just Libor, two people briefed on the matter said.
Highland Capital Management asked a Texas judge to order Credit Suisse to pay the debt manager its losses on a $250m refinancing of a shaky real-estate development
Royal Bank of Scotland could pay as much as $4.5bn to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence.
JPMorgan’s $500m settlement with pension funds over Bear Stearns’s sale of mortgage-backed securities was approved by a federal judge.