A hedge fund manager told clients he is "truly sorry" for losing virtually all their money.
Mary Callahan Erdoes, head of JPMorgan’s asset-management unit, said calls to break up the largest global banks ignore the benefits of size and show a lapse in memory about what worked to stem the financial crisis.
Hong Kong tumbled down a ranking of the world's most livability cities, widening the gap with arch regional rival Singapore, which claimed the top spot for the 16th year running.
Lord Grabiner, the barrister who has led an investigation into the foreign exchange rate rigging scandal, said the $5.3tn-a-day forex market needs to be regulated – but not too much, or the City could lose business to Frankfurt or New York.
Britain is home to more than 10,000 “ultra-high net worth individuals” – that is, people with assets of £20m or more – with only the US and Germany having higher numbers, finds a new report.
Investors who want certainty about legal costs for financial firms should not buy bank stocks, JPMorgan's Jamie Dimon tells CNBC.
'The big move, it’s what kills you'.
Cash is king.
Former UBS whistleblower Brad Birkenfeld doesn't want to take "no" for an answer.
Morgan Stanley plans to spend more money on share buybacks and dividends in 2015, executives said, in a step that could help the bank reach a key profitability target this year.
Graduates from Cambridge University’s Judge Business School are the most highly paid in finance and technology, according to data from salary benchmarking site Emolument.
Citigroup’s Jeff Perlowitz, who helped build - and after the financial crisis, rebuild - the market for mortgage-backed securities, is retiring after more than three decades on Wall Street.
Bank of America and its Merrill Lynch unit will pay $14m to settle lawsuits claiming that they forced financial adviser trainees to work 60 hours and more per week, including on weekends, without paying them overtime.