U.S. banks got a reprieve last week when the Federal Reserve gave them one more year to comply with a Volcker Rule ban on investing in private equity and hedge funds.
A man who tweets out random facts has amassed millions of followers and now makes half a million dollars a year running the account.
Nine disputed trades that Libya's sovereign wealth fund (SWF) entered into with Goldman Sachs were unsuitable by "dint of risk and complexity", according to an expert witness at a trial in London's High Court.
One of the leading money managers in the City of London has said the fallout from Britain’s vote to leave the EU will be “horrible” and that the Square Mile is still “slightly stunned” by the result.
A little after 4.30am Ross McEwan picked up the phone to speak to his colleagues at Royal Bank of Scotland.
Citigroup reports quarterly earnings and revenue that easily beat analysts' expectations.
Wells Fargo met earnings expectations, but missed slightly on revenue.
Jose Manuel Barroso’s decision to join Goldman Sachs is “morally unacceptable,” French President Francois Hollande said, adding to criticism of the former European Commission president’s decision to work for the investment bank.
Credit Suisse has named Robert Arbuthnott as its next head of finance, reporting to Chief Financial Officer David Mathers, according to a person with knowledge of the appointment.
In a financial world reeking of negativity and pain isn’t it nice when you see positive stories involving bright young people, the latest technology, and concerns about the greater good.
AT&T’s blockbuster $84.5 billion takeover of Time Warner means many things — including rich fees for the bankers and lawyers who helped craft the deal.
For some, vintage cars aren't only an expensive hobby. They're an investment that can easily outperform the frothiness of stock markets.