A slap on the wrist.
Tactical error ?
Deutsche Bank supervisory board chief Paul Achleitner does not rule out taking appropriate measures including personnel changes resulting from the Libor affair, he was quoted saying on Wednesday.
Standard Chartered, scaling back after two years of lower profit amid slower growth in Asia, is looking to sell part of its remaining private-equity investments, said three people with knowledge of the matter.
VTB Capital, an investment banking unit of Russia’s second-biggest bank, closed its equity trading activity in Dubai, two people familiar with the matter said, as sanctions hindered its international business.
An expected wave of fines and sanctions on a group of banks – including Royal Bank of Scotland and Barclays – for rigging foreign exchange markets is thought to have been delayed until next week.
Mutual fund giants aren't just interested in publicly traded companies. Increasingly, they also want to own a piece of red-hot start-ups.
Dick Grasso, former head of the New York Stock Exchange, tells CNBC he's concerned about how the central bank plans to reduce its $4.4 trillion balance sheet.
Here's an oldie but goodie sent in by one of our readers:
Steve Schwarzman, the billionaire co-founder of Blackstone, said a former admission dean of Harvard College later told him it was a mistake to have rejected him as an undergraduate applicant.
Centerview Partners hired Stuart Smith as a partner in the health-care team from Credit Suisse, according to people familiar with the matter.
In less than seven days, hedge funds have been subject to a three-pronged attack by some of the biggest names in finance.
Credit Suisse’s shareholders should reject the bank’s pay proposals, Swiss remuneration crusader Thomas Minder said at the annual general meeting in Zurich on Friday.