Barclays is hoping to make 'significant' progress this year in resolving a series of investigations into potential misconduct by its employees, its chief executive said Thursday.
A Citigroup unit and PricewaterhouseCoopers must face claims they played a part in costing investors more than $1bn in Bernard Madoff’s massive Ponzi scheme, an appeals court ruled.
China’s soaring stock market is pushing the nation’s largest securities firm into expansion mode.
Germany’s Deutsche Bank has been fined a record $2.5bn (£1.7bn) for rigging Libor, a benchmark rate that some of the world’s leading banks charge each other for short-term loans.
Barclays shareholders have called on the bank’s new chairman, John McFarlane, to live up to his fearsome reputation by carrying out a ruthless overhaul.
What mild-mannered manipulators they were at Deutsche Bank.
Barclays was the first bank to be fined in June 2012 when it received penalties of £290m - including a record £59.5m by the UK regulators.
Distributed denial of service attacks (DDoS) are a growing threat to businesses, as criminals can be hired online by the hour to disrupt websites.
The $1.5 billion Janus Global Unconstrained Bond Fund, managed by Bill Gross , saw inflows of $100 million in the most recent quarter, Janus Capital Group CEO Dick Weil said Thursday.
Deutsche Bank CEO John Cryan said the bank would move some trading activities from London if the U.K. decides to exit the European Union next month.
A former Barclays director was accused by the U.S. of giving tips about future mergers and acquisitions to a plumber friend in exchange for cash and a new bathroom, an arrangement that went down the drain when the plumber snitched to the government.
Goldman Sachs President Gary Cohn said the same forces that helped fuel near-record mergers and acquisitions in 2015 remain in place today and that the outlook for the business remains bright.