Tom Hayes told a court today how the rate-rigging allegations that eventually lead to his conviction caused him to suffer a breakdown, as he continued his legal battle over his assets.
A Goldman Sachs compliance employee hired to develop surveillance software to detect illegal behavior, including insider trading, settled an SEC lawsuit that accused him of helping himself to confidential data and trading on it.
UK taxpayers could lose more than $28.5bn if George Osborne presses ahead with the sale of the Government's remaining stake in Royal Bank of Scotland (RBS), according to an official forecast published on Wednesday.
Wall Street banks are pulling away from coal project financing as U.S. energy consumers are less dependent on the natural resource.
Draghi, Yellen, Carney or someone else? Vote in our poll and tell us who you think should take home the prize of most credible central banker.
After adding jobs for years, big banks have been making cuts in the face of disappointing performance and plunging share prices.
Jefferies reported a fiscal first-quarter loss as revenue from trading stocks and bonds tumbled 82%, leaving CEO Richard Handler vowing to do better.
More angst in the investment banking industry.
Cutting 6,000 positions in 100 days.
Morgan Stanley lost three emerging-market bond traders to competitors, according to people with knowledge of the matter.
Credit Agricole is re-evaluating plans to move its London headquarters to the Canary Wharf financial centre after the U.K.’s vote to leave the European Union, according to two people with knowledge of the matter.
Pimco escalated its legal battle with estranged co-founder Bill Gross by saying he leaked confidential pay information to the media and may have destroyed documents in violation of court rules.