Societe Generale Chief Executive Officer Frederic Oudea testified before the French Senate about disclosures of the bank’s offshore dealings in the Panama document leak.
Independent Community Bankers of America President Camden Fine and the JPMorgan Chase CEO trade blame for "bank-on-bank violence."
A former Barclays banker pleaded guilty to offences related to Libor-rigging around 19 months ago, fraud squad prosecutors said in court today.
Half of the 2,000 staff earmarked to go from Credit Suisse's global markets division have already been notified, the bank said on Tuesday, as it reported a swing to a first-quarter loss.
Morgan Stanley’s commodities-trading unit, based in the firm’s suburban New York campus for more than a decade, is returning to Manhattan.
Citadel Securities is in talks to buy Citigroup’s electronic market-making unit Automated Trading Desk, according to people familiar with the matter.
Citigroup has named Faraz Naseer head of US high-yield trading, and Fran Sutter and Michael Schechter co-heads of US loan trading, sources said.
German financial watchdog Bafin praised improvements at Deutsche Bank under chief executive John Cryan on Tuesday but a source close to the regulator said it was looking into money-laundering allegations involving bank clients in Russia.
There is a time of reckoning coming for Silicon Valley start-ups that will result in layoffs and consolidations, tech investor Chris Sacca says.
A former Citigroup trader in Japan who was fired for allegedly trying to manipulate foreign-exchange rates in violation of internal policy told a Tokyo court he was made a scapegoat and his actions were condoned by his employer, echoing claims made by several ex-Citigroup employees in courts in other parts of the world.
The U.S. Justice Department's potential fine, which could be as high as $14 billion, is just one step in a much more arduous journey, Raoul Pal tells CNBC.
The technology IPO market seems to be returning to life. Nutanix more than doubled in its IPO Sept. 30, the first time that's happened in over a year.
Cairn Capital hired Asif Godall as deputy chief investment officer, according to a statement from the London-based credit investment firm.