Hedge funds are set to bank tens of millions of pounds from the slump in share prices in London, having bet almost £18bn that the FTSE 100 would fall.
A former JPMorgan Securities analyst was arrested and charged in an alleged insider trading scheme that netted more than $600,000.
European Union antitrust regulators are investigating precious-metals trading following a U.S. probe that embroiled some of the world’s biggest banks.
The new head of Barclays' Swiss unit is pushing private bankers in Geneva and Zurich to double client assets in four years as international competitors exit the world’s largest hub for offshore wealth.
Pine River Capital Management, the $15.5bn hedge fund firm, hired former Deutsche Bank credit trader Joshua Wilkes to expand its municipal debt business, according to a person with knowledge of the matter.
On day one the stock market fell by 13%. On day two it fell by a further 12%.
US stock markets continued to seesaw on Tuesday following a day of global sell-offs sparked by fears that China’s economic boom is slowing.
As volatility within global equity markets has spiked, the discussion about exchange circuit breakers has taken center stage. Nevertheless, exchanges have to be careful about how tight those breakers are, Nasdaq CEO Bob Greifeld said Tuesday.
1. Assuming that they still 'rule' the work world.
Many of the common questions people ask in job interviews aren't actually that helpful in predicting how well a person will do in a job, experts say.
Brexit fears stalk global markets? Only up to a point.
U.S. banks contending with tough rules and markets are still stronger than many overseas rivals and will soak up business, Bank of America CEO Brian Moynihan said.
Standard Chartered's chief executive has attacked the "cancer" of weak controls at the bank, which he says is the reason for misconduct among senior staff.