Six brokers accused of helping former UBS Group AG trader Tom Hayes rig benchmark rates used a range of excuses during questioning by prosecutors, including blaming colleagues and not knowing what Libor meant.
JPMorgan Chase, which has grown by more than 50% since the start of the financial crisis, is going on a diet.
Credit Suisse faces a tough decision: either double down on its expensive debt operation or retreat from a business it has long viewed as a cornerstone in the U.S.
JPMorgan Chase, the first big U.S. bank to report earnings after the third-quarter’s market tumult, missed analysts’ estimates and cautioned that trading is off to a tepid start this quarter.
The bodies of the two women were found in the banker's 31st floor apartment.
Investors fear a "black swan" catastrophic event in the financial markets right now more than ever before.
The Securities and Exchange Commission has announced that UBS AG has agreed to pay $19.5m to settle charges that it made false or misleading statements and omissions in offering materials provided to U.S. investors in structured notes linked to a proprietary foreign exchange trading strategy.
Here we go again, get ready for another episode of Barclays’ adventures in the heart-stopping world of investment banking.
JPMorgan Chase shares slipped Tuesday after the firm posted revenue that slid from the previous year; it also warned that sluggishness in its trading unit could continue.
Goldman Sachs' actions as an adviser to Malaysia's sovereign wealth fund 1MDB are being examined by U.S. authorities, The Wall Street Journal reports.
David Cameron has announced his resignation after the British public rejected his personal entreaties and voted to leave the European Union.
Big banks met the capital requirements plans as laid out by regulators, but a bigger test lies ahead next week.
The jury in the trial of five former Barclays traders over Libor-rigging allegations said they’ve reached a decision on one of the defendants, and were told by the judge that he would accept a non-unanimous verdict on the rest after the panel said they’d reached an impasse.