News flash: We all lie! Behavorial economist Dan Ariely explains why - and how it's contagious.
Highland Capital Management asked a Texas judge to order Credit Suisse to pay the debt manager its losses on a $250m refinancing of a shaky real-estate development
Royal Bank of Scotland could pay as much as $4.5bn to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence.
JPMorgan’s $500m settlement with pension funds over Bear Stearns’s sale of mortgage-backed securities was approved by a federal judge.
A senior Bank of England official nicknamed The Hammer was sent emails that, it is claimed, played a key role in the rigging of lending rates between banks, according to evidence presented in the first criminal trial in the Libor scandal.
New York's top financial regulator, Benjamin Lawsky, told CNBC on Tuesday that his agency should have focused on individual accountability earlier.
America leads: Once again, American banks head the bonus charts with Goldman Sachs paying bonuses up to £50,000 above leading European banks
Alisdair Gayne, head of corporate broking at Barclays, is staying at the bank after spurning an approach to join UBS as chairman of its investment bank, a person with knowledge of the matter said.
Credit Suisse has hired Cameron Lester, a general partner at venture-capital firm Azure Capital Partners, as head of global Internet investment banking.
The Securities and Exchange Commission has charged Deutsche Bank with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions of dollars.
A long-running insider trading case has Monday resulted in two guilty verdicts and three acquittals.
Credit Suisse is placing asset management under the twin direction of its wealth management and Swiss banking divisions, it said on Sunday, announcing a further strategy rejig after a shake-up in October.
Andrew Bailey, the incoming head of the Financial Conduct Authority, said improving the culture of City firms is a priority and that “hubris” needs to be added to the list of risks firms face.