FX traders are behaving themselves in the wake of a series of fines and investigations, according to Chris Salmon, the Bank of England’s markets boss.
New York’s banking regulator is probing a new communications provider backed by several Wall Street firms that markets a messaging service and its ability to delete sensitive bank information.
Citigroup’s head of investment banking in Japan, Yuichi Jimbo, is leaving the company, a person with knowledge of the situation said.
Closely watched investor Ray Dalio is right to sound the alarm on investment in China, RBC Capital Markets' Jonathan Golub said Thursday.
The world's wealthiest couple has a combined net worth of $85.7bn, according to Wealth-X.
Goldman Sachs is good at getting what it wants — but it may backfire this time.
Tidjane Thiam, the new chief executive of Switzerland's second-biggest bank, said it "may need" fresh capital to help address issues.
Authorities arrested four people in Israel and Florida and revealed a complex securities fraud scheme tied to the computer hacks of JPMorgan and other financial institutions.
Standard Chartered may need to raise as much as $10bn from investors to comply with stricter regulations, create a buffer for future losses on loans, and invest for growth, according to Mizuho Securities Asia.
The global Exchange Traded Fund (ETF) industry has overtaken hedge funds, as investors have been lured by the products ultra-low costs and large range of indices.
The US Commodity Futures Trading Commission is settling charges against the bank for attempted manipulation and false reporting.
HSBC is set to appoint a new boss for its boardroom pay committee as current chair Sam Laidlaw is set to step down from the bank's board as early as next year.
Rich Ricci, the former head of Barclays investment banking and right-hand man of Bob Diamond, has warned that fintech startups will snatch market share from established financial institutions and change the landscape of banking.