This is about the sorts of pressures that push ordinary, well-meaning people into behaving less ethically.
Peter Benoist, the head of U.S. distressed-debt trading at Barclays, left the bank, according to two people with knowledge of the move.
A female cyclist has died in a crash with a tipper truck in London.
Ross McEwan, the Royal Bank of Scotland (RBS) chief, could be hauled in front of MPs to explain the bank’s latest payments system meltdown, as politicians prepare to take it to task over last week’s outage.
When Thomas Hayes joined Citigroup in Tokyo in 2009, he expected to be able to influence Libor just like he’d done at UBS, according to evidence at a London criminal trial.
Nomura has terminated two New York-based mortgage-bond traders for cause in connection with investigations of the market, according to regulatory records.
Credit Suisse’s share price reflects a capital hole of $14.1bn, analysts at Barclays said in a note to clients.
Former International Monetary Fund chief Dominique Strauss-Kahn was acquitted in France on pimping charges this month, but his legal headaches may not be over.
When banking goes bad, everyone suffers: that is a lesson taxpayers up and down Britain have learned the hard way over the past seven years or so.
Ever since the Greek financial crisis broke out in October 2010, hedge funds have played it as a formidable money spinner.
The Bank of England will take "all necessary steps" to protect the financial markets in the wake of the vote to leave the European Union, it confirmed this morning, in its first intervention since the result of the referendum became clear.
The Securities and Exchange Commission announced that Merrill Lynch has agreed to pay $415m and admit wrongdoing to settle charges that it misused customer cash to generate profits for the firm and failed to safeguard customer securities from the claims of its creditors.
The Securities and Exchange Commission has announced that Merrill Lynch has agreed to pay a $10m penalty to settle charges that it was responsible for misleading statements in offering materials provided to retail investors for structured notes linked to a proprietary volatility index.