A former executive at JPMorgan Chase Bank has been fined nearly £800,000 for failing to be "open and co-operative" with City watchdog the FCA over the so-called London Whale trades.
Interdealer broker Icap saw its share price dip this morning after revealing a five per cent slump in third-quarter revenue.
The Serious Fraud Office (SFO) has had to postpone the start of its third Libor trial after Barclays, the former employer of those accused, brought new evidence to its attention.
Jailed Libor fraudster Tom Hayes is thought to be considering a new appeal in a bid to overturn his conviction.
Morgan Stanley’s Japanese investment-banking joint venture plans to hire more bankers this year to compete with Nomura Holdings and defend its three-year grip on mergers advice in the country.
Metals prices may have outperformed oil over the past 20 months, but that's unlikely to continue, with metals set to keep dropping while crude recovers, Goldman Sachs said.
Charlie Stenger, a currency-broker-turned-recruiter, has seen it all. One fired trader wept in his office. Another admitted he hadn’t told his wife he was unemployed, and left the house every day in a suit to sneak off to a coffee shop.
Sell off huge chunks ?
Oppenheimer Holdings and Evercore Partners are cutting stock analysts following a global slump in equity markets.
CNBC's new documentary "Ground Zero Rising: Freedom vs. Fear" analyzes security and safety at the World Trade Center.
Here’s a figure that could have you reaching for an EpiPen, assuming you can afford one: one billion dollars.
In the City of London, it’s the ultimate sartorial faux pas. “Never wear brown in town,” runs the adage about what shoes the gentlemen of London’s financial district must eschew in order to escape the opprobrium of colleagues