South Korea’s Fair Trade Commission is probing how alleged foreign-exchange market rigging by six global banks including Barclays and Bank of America may have hurt Korean firms, the Seoul Economic Daily reported.
In the world's most expensive city for expatriates, a fast food meal will set you back over $17, a pair of jeans will leave you out of pocket by $250 and a non-descript apartment costs a whopping $6,800 a month.
Shouting the odds.
What does running a 100-mile marathon and being a good lawyer have in common ? This Spartan and Tough Mudder world champion explains.
Blackstone has hired Jonathan Pollack from Deutsche Bank to be chief investment officer of its property-debt unit, which oversees almost $10bn of investor capital.
Jefferies Group, the investment bank run by Richard Handler, said bond-trading revenue fell 30%, extending a first-quarter slump.
Royal Bank of Scotland’s retreat from commercial banking worldwide is forcing companies including Royal Dutch Shell to seek others to manage their cash, according to three people with knowledge of the matter.
Credit Suisse, who paid $2.6bn last year to settle a U.S. tax dispute, illegally sent a former employee’s details to U.S. authorities to help resolve the probe, a Geneva court ruled.
JPMorgan, HSBC and Credit Agricole will come face to face with the European Union antitrust officials who accused them of rigging the Euribor benchmark at hearings this week.
Millionaires are expected to control 46 percent of the world's personal wealth by 2019, up from 41 percent Monday, suggesting that the wealth gap will continue to widen, according to a new study.
The bigger the bank? The better your pay! At least, as long as you're CEO of a major Wall Street bank since 2009.
US bankers could lose their bonuses up to seven years after receiving the payments if they misbehave or make big losses, under new rules proposed by six major regulators.
U.K. prosecutors attacked the credibility of former Barclays trader Jonathan Mathew, who said he lied to the Federal Bureau of Investigation and three different regulators in interviews in 2010 before deciding to start telling the truth about his actions around fixing Libor.