Barclays bank took out large UK newspaper ads Saturday to say sorry to 'all Barclays customers and clients' in the wake of a rate-rigging scandal which has hammered its reputation.
Top central bankers - Sir Mervyn King, governor of the Bank of England, and Tim Geithner, former head of the Federal Reserve Bank of New York - have been thrust into the centre of the Libor rate-rigging scandal as the focus turned to warnings by Barclays that rates were being manipulated during the banking crisis.
A former Wall Street trader whose dramatic courtroom death was witnessed by millions on TV and the Internet probably committed suicide with a homemade cyanide pill.
And here's another fine mess we seem to have got ourselves into.
For nearly three years, as Kyle Lagow struggled to find work and his finances crumbled, he kept a secret from nearly everyone he knew, including his wife: He was a whistleblower.
The financial hit JP Morgan Chase incurred at the hands of the trader known as the 'London Whale' was more than double that previously reported, with losses from the UK operation totalling $4.4bn, the bank admitted on Friday
A row has erupted over the parliamentary inquiry into banking, with the Labour MP John Mann declaring he will launch his own investigation after being left off the official committee.
A review of the JPMorgan's Chief Investment Office found that employees may have hid losses.
CIMB Group announced Thursday that The Royal Bank of Scotland (RBS) is excluding India operations from an earlier sale and purchase agreement for various Asia Pacific cash equities and associated investment banking businesses.
It's the banking scandal that beats them all.
Credit Suisse on Tuesday reported a 23 percent rise in net profit in the first quarter from the year-ago period.
Goldman Sachs and Morgan Stanley stretched their equity-trading lead over rivals as they led U.S. banks in reporting the most revenue from that business in more than five years.
The criminal case against Sergey Aleynikov — the former Goldman Sachs programmer who was convicted in federal court, then acquitted, only to be charged again in state court — will soon head to a jury after Aleynikov’s last-ditch effort to toss out the case came up short.