Bloomberg reports that Michael Gamble, a 67-year-old retiree, doubled down on a volatility exchange-traded note backed by Credit Suisse last week as it declined to a record low price.
Greg Smith, the former Goldman Sachs executive who became an instant sensation when he ripped the Wall Street investment bank with a resignation letter published as an Op-Ed piece in the New York Times, has scored a $1.5m advance to write a memoir of his experiences.
When a witness has valuable information and may be implicated in a violation, there are delicate maneuvers between prosecutors and defense lawyers.
Only the good die young.
Former SEC Chairman Arthur Levitt, who serves as a senior policy advisor for Goldman Sachs, spoke to Bloomberg TV's Erik Schatzker Thursday on Inside Track.
By Oliver Gray, employee health, energy and performance expert and managing director of energiseYou
Here's a few links to some interesting Bloomberg stories currently doing the rounds.
No surprises here.
It has not been UK Chancellor George Osborne's best week in office.
The Bank of England is facing calls to publish a full account of how it handled the financial crisis after the Treasury admitted it had made mistakes when the UK's banking system was on the brink of collapse.
The French financial state prosecutor has requested that HSBC’s Swiss private bank be sent to criminal trial over a suspected tax-dodging scheme for wealthy customers.
A year after his "Flash Boys" book rocked Wall Street, Michael Lewis says the market's "invisible scalp" persists.
The Bank of England has warned the financial community against complacency in the wake of a series of “short sharp shocks” in markets over recent months that it said could happen more frequently.