The specter of a run on Greek banks is looming, as yet another round of talks spark concerns about their ability to secure further ECB assistance.
Thomas Hayes, a former trader on trial over charges he manipulated benchmark rates, told prosecutors in 2013 that UBS distributed 'an instruction manual on fixing Libor' to suit their trading positions.
Great job guys, but how will you get your van out ?
Far too often, C-levels lose sight of the task and get too comfortable, completely disregarding the possibility of getting the boot.
Royal Bank of Scotland apologised to its customers on Friday as it resolved the IT problem which caused money for around 600,000 of them to go missing from their accounts.
Mitsubishi UFJ Financial will buy a UBS unit that provides services to alternative investment funds for as much as $244m to expand its administration business.
Look at the attendance list for this week’s St. Petersburg International Economic Forum, Russia’s annual showcase for global investors, and you’ll notice a couple of things.
Royal Bank of Scotland cannot rule out suffering another meltdown in its computer systems despite pledging to spend £150m a year making them more resilient, one of the bank’s most senior executives said on Thursday.
'My primary driver in everything that I did was about doing a really good job'.
Goldman Sachs is telling its summer interns to take the night off.
Credit Suisse CEO Tidjane Thiam said hedge funds are wrong to assume that the bank will have to raise additional capital after the shares touched a fresh all-time low last week, according to two people with knowledge of the matter.
JPMorgan has promoted Lori Beer to chief information officer for corporate and investment banking, replacing Mark Ashton-Rigby who left recently for Barclays.
Rabobank has struck a partnership with Kepler Cheuvreux, Europe's largest independent broker, and will shed its own equity research and brokerage team, the bank said on Tuesday.