Milan prosecutors accused six former and current Deutsche Bank executives, including Michele Faissola, Michele Foresti and Ivor Dunbar, of colluding with Banca Monte dei Paschi di Siena SpA to falsify its accounts, manipulate the market and obstruct the activity of authorities.
The Securities and Exchange Commission has announced that Goldman Sachs has agreed to pay $15m to settle charges that its securities lending practices violated federal regulations.
Bank of America Merrill Lynch has named Elif Bilgi Zapparoli as its new co-head of corporate and investment banking for the Asia Pacific region, according to an internal memo seen by Reuters on Thursday.
An insider dealing ring that made £7.4m from trading in just six stock market companies used burner phones, offshore companies, code names and encrypted memory sticks to mask their crimes, a court was told on Thursday.
Waves of increasingly tough legislation from financial regulators will push City firms to shell out on an army of compliance consultants in 2016, figures seen by City A.M. have suggested.
JPMorgan Asset Management is taking over managing $1.2bn for BlueCrest AllBlue Fund, giving shareholders an alternative investment opportunity after the hedge fund said it’s returning capital to outside investors.
2.6 million people in the UK are in severe problem debt with 8.8 million in moderate financial difficulty.
'The battle ground is remuneration'.
What and how much are you bringing to the party ?
TPG Capital hired Sanghoon Lee from Morgan Stanley as a partner to find and manage investments in South Korea, more than eight years after the private equity firm’s last major deal in the nation.
Jennifer Lawrence has been named film’s best-paid female star for the second year in a row.
Jeremy Shuler, who started classes at Cornell this week, could become the Ivy League school's youngest graduate ever.