Apple has become the most valuable company of all time, surpassing a record set by Microsoft in 1999.
In a case brought by the Financial Services Authority (FSA) and heard at Southwark Crown Court, Confiscation Orders (the Orders) totalling £1,534,000 were made today against Christian Littlewood and Angie Littlewood. They were each ordered to pay £767,000 representing the benefit obtained by each of them from insider dealing.
Asil Nadir, for almost 20 years Britain's most famous fugitive from justice, has been found guilty of three counts of theft relating to his time as the boss of the Polly Peck empire which collapsed in 1990.
Financial firms in London, besieged by Europe’s sovereign-debt crisis, probably will shrink their workforce this year, snapping a hiring rebound from 2008’s credit crisis as New York’s industry ekes out job growth.
He ain't happy.
JPMorgan board member Lee Raymond is said to have been tapped on the shoulder to lead the board's probe into the firm's $5.8bn 'London Whale' trading fiasco.
Damned if you do, damned if you don't.
Deutsche Bank is among four European banks being investigated by U.S. authorities for alleged violations involving oil trading and Iran, according to an attorney with knowledge of the matter.
A former Wells Fargo & Co. mortgage consultant has accused the San Francisco-based bank of firing him in order to avoid paying for his daughter's cancer treatment.
Brown Brothers Harriman is said to have closed a business that allowed its institutional investor clients to outsource aspects of their stock research to the bank because it has been unable to bring in sufficient revenue.
Zach Barratt, a high-yield debt trader at Bank of America, left the bank to join Apollo Global Management’s credit business, according to two people with knowledge of the move.
The trial of a former Goldman Sachs programmer charged with stealing the investment bank’s high-speed trading code took a bizarre twist on Wednesday.
As stocks have risen over the past few years, "Dr. Doom" Marc Faber has become increasingly bearish.