An ex-Jefferies trader convicted last year of lying to buyers and sellers of mortgage-backed bonds may have done nothing worse in one judge’s view than what a homeowner does when selling a house.
Murray Abbott, an institutional sales trader at Morgan Stanley in Toronto who had been missing since April 25, was found Monday by the shore of Lake Ontario near the city’s Beaches neighborhood where he lived. He was 36.
The Bank of England's controversial investigation into what its own staff knew about foreign exchange manipulation is being scrutinised by the US Department of Justice.
The US stock-exchange Nasdaq is experimenting with incorporating the underlying technology of the bitcoin cryptocurrency into its pre-IPO trading arm, Nasdaq Private Markets.
The U.K. government is asking investment banks to submit offers to advise on the sale of Royal Bank of Scotland and Lloyds Banking Group, a position currently held by JPMorgan, two people with knowledge of the matter said.
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.
Deutsche Bank, traditionally the go-to lender in Europe’s largest economy, is the most notable absentee in the year’s largest takeover.
Six Taiwanese banks filed a lawsuit against a unit of Nomura Holdings Monday, saying it failed to extend its portion of a syndicated loan to a now-insolvent shoemaker, Ultrasonic.
The first quarter of the year has seen the highest value of mergers and acquisitions involving UK firms since the financial crisis, owing to two big takeovers.