Wells Fargo Bank has announced that it has entered into a definitive agreement to acquire the North American reserve- based and related diversified energy lending business of BNP Paribas
Bloomberg's Shannon Pettypiece reports on the findings of a study about the health concerns associated with the long hours and stress in the investment banking community.
Here's some links to some interesting Bloomberg, CNBC, Fox Business, New York Times and Reuters stories currently doing the rounds.
The Eurogroup of finance ministers declared that "ensuring debt sustainability and restoring competitiveness" are the goals of the second bailout for Greece.
More bad news on the jobs front.
Hell, you could have lunch with Warren Buffett for less (his charity lunch auctions went for $2.6m in 2010 and 2011).
42-year-old former Goldman IT programmer Sergey Aleynikov received an eight year one month prison sentence last March, after being found guilty the previous December of stealing trade secrets from the Wall Street firm.
Two senior HSBC executives and the chair of the BBC Trust will be questioned by MPs on Monday about their role at the bank, whose Swiss banking arm helped wealthy clients avoid tax.
The government has sold a further tranche of shares in the bailed-out Lloyds Banking Group, reducing the taxpayer’s stake to less than 23% and returning £500m to the public purse.
UBS France bullied a former worker who said she had refused to destroy documents that might have been of interest to tax evasion investigators, a Paris labour tribunal ruled on Thursday.