More victims of the Bernard Madoff Ponzi scheme could be made whole under a motion filed in U.S. Bankruptcy Court in New York Tuesday.
Barclays appears to be considering ways to defy the strict separation of its high street operations from its investment bank, in a move likely to inflame the debate over whether rules designed to prevent a second banking crisis are being watered down.
Credit Suisse, Switzerland's second biggest bank, is to raise a total of 6.05 billion Swiss francs ($6.2 billion) in fresh capital through a rights issue and private placement, as its new chief executive tries to address investors' concerns.
The NYDFS has announced that Crédit Agricole will pay $787 million and install an independent monitor for violating New York banking law.
Hedge fund performance over the past three months hearkened back to the bad old days of the financial crisis.
The $6bn trade was said to have been processed by a junior member of the bank’s FX sales team while his boss was on holiday.
Europe’s last global banks are caving in to pressure from regulators and preparing to tell investors just how much their aspirations will shrink.
'It’s Libor time'.
Professional network OUTstanding publishes annual ‘Top 100’ power list of LGBT Executives, alongside ‘Top 30’ Ally Executives and first ever ‘Top 30’ list of LGBT Future Business Leader role models.
When the year’s most hotly-anticipated tech deal went down, Wall Street’s biggest banks got elbowed aside by upstart competitors.
Commerzbank said a key measure of financial strength fell in the second quarter as it made accounting adjustments to reflect operational risks to banks across the industry.
A City report will recommend exposing the gap between a company’s boardroom pay and that of the wider workforce as part of a package of measures to reform executive salaries.