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FSA fines Credit Suisse $9.52m

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UK securities regulator The Financial Services Authority (FSA) has fined Credit Suisse (UK) Limited (Credit Suisse UK) $9.52m for systems and controls failings in relation to sales by its private bank of structured capital at risk products (SCARPs).

UBS Updates Its 2010 Financial Controls Assessment

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Following the discovery of the unauthorized trading activities that UBS announced in September, management has determined that certain internal controls were not effective on December 31, 2010, but at the same time has reconfirmed the reliability of the financial statements included in UBS's 2010 annual report.



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The best jobs in America

Glassdoor's best jobs list is based on a combination of average annual base salary, career opportunities, and number of job openings.

BNY Mellon could face charges over internships

Bank of New York Mellon Corp has disclosed in a filing that U.S. regulators are considering charging it with violating U.S. foreign bribery laws after an investigation into internships it gave to relatives of sovereign wealth fund officials.