The Securities and Exchange Commission has announced that two traders in China and Hong Kong have agreed to pay more than $920,000 to settle an insider trading case against them.
In 2015 Twitter lost one chief executive, gained another, and nearly tossed them too, before eventually settled down with him – incidentally, one of the men who had founded the company way back in 2006.
Despite topping 7000 for the first time in its history, the blue-chip FTSE 100 index finished down in 2016.
Business owners should float as soon as possible if they want to tap the stock markets in 2016 otherwise a series of unpredictable political events could scotch their fundraising plans, according to investment bankers from JP Morgan.
Commerzbank has sued four banks in the United States, claiming that they failed to properly monitor billions of dollars in toxic mortgage-backed securities acquired by the German lender before the 2008 financial crisis.
Europe's biggest bank has turned to one of the world's leading statesmen for advice as it closes in on a decision about whether to move its headquarters from the UK.
It's back - Bankers Anxiety Disease (BAD).
Here's a quick look at some of the trading disasters which have occurred in recent years. Note that these are genuine foul-ups (or 'fat-fingered' trades), and not losses down to rogue traders.
A city banker who spent two years commuting to work using a photocopy of a train season ticket has lost his job after pleading guilty to the £8,000 fraud.
BNP Paribas is writing down part of the goodwill related to its BNL unit, which will result in a reduction to fourth-quarter earnings of about $983m.
New data point toward a rebound in venture capital investments in the second quarter, according to a report released Friday.
The former Retrophin CEO is accused of looting the company to pay off hedge fund investors he was suspected of defrauding.
The head of the world’s largest asset manager has warned that the UK’s decision to leave the European Union will trigger a recession.