JPMorgan Chase CEO Jamie Dimon's got egg on his face over that $2bn trading loss - but should he stand down ? We did a quick poll, and here's what you said.
The US Justice Department opened an investigation into how JP Morgan lost more than $2bn in poorly managed trading at its London office as the bank's embattled boss, Jamie Dimon, saw off attempts by shareholders to strip him of his role as chairman.
US President Obama has said JP Morgan Chase's $2bn trading loss demonstrates the need for tighter financial services regulation, amid reports that Ina Drew, the bank's departing chief investment officer, is walking away with a $32m payout.
Selling off the taxpayer stakes in Royal Bank of Scotland and Lloyds Banking Group could take years, according to financial experts who also told a committee of MPs that banker bashing needed to stop to help the shares prices recover.
Facebook has raised its initial public offering price to between $34 and $38 a share after being "swamped", confounding sceptics who say the social network is overvalued.
Fun and games at the JP Morgan Chase annual meeting.
Here's some hiring, people and other news.
Bloomberg TV's Erik Schatzker sat down with Toronto Dominion CEO Edmund Clark, who calls himself an old-fashioned banker, to talk about the strategy of Canada's second-biggest bank and why the countries’ banks have fared better than U.S. counterparts.
Supporters of a financial transaction tax have a strong ally in the new French president, François Hollande, who wants to recycle the revenue raised from the so-called Tobin tax into growth-enhancing investment projects.
'Revenge is a dish best served cold'.
Fred Goodwin has been told to disclose personal emails he sent in the run-up to Royal Bank of Scotland’s 2008 rights issue, as part of a £4bn court case.
The billionaire investor told clients his firm was subpoenaed by prosecutors in New Jersey, according to a letter obtained by CNBC.
We already knew the depth of incompetence displayed by the Financial Conduct Authority during last year’s exit-fee shambles.