A former Deutsche Bank trader lost a lawsuit in a dispute over whether regulators failed to shield his identity in a report on the manipulation of benchmark rates.
A former Goldman Sachs banker has become entangled in a sprawling investigation of the Malaysian state investment fund as U.S. authorities turn to him for information.
Nomura has said it hasn’t made a decision to close its money-market fund, following a report it was among Japanese asset managers returning cash to investors amid a plunge in yields.
The Securities and Exchange Commission has charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios.
Blackrock Inc could face penalties and other costs in the United States after it sold more shares than it was authorised to in its iShares Gold Trust.
The financial advice industry is divided over how to get brokers sanctioned by regulatory authorities to pay compensation to wronged investor clients.
Tens of thousands of City bankers could face seven years in jail or a limitless fine under new regulation being put in place today.
Wouldn't that suck!
For the biggest U.S. bank, the best way to fight Silicon Valley is to mimic it.
Times are tough(er).
Bank of New York Mellon’s cost-cutting program has been effective and activist investors are appreciating measures taken to improve profitability, according to CEO Gerald Hassell.
Deutsche Bank has vowed to challenge a $14bn claim by the US Department of Justice to settle an investigation into its selling of mortgage-backed securities.
The action taken against Wells Fargo for opening unauthorized accounts is a "political gift" to regulators, analyst Edward Mills said Friday.