Charities working in crisis-hit regions are failing to receive millions of pounds in funding because of banks’ fears of incurring tough penalties for failing to stop the flow of terrorist funds and money laundering, according to a report.
UBS floor director rang the opening bell on Tuesday to celebrate 50 years on the floor of the New York Stock Exchange.
Since the financial crisis, Wall Street firms have argued that they were victims, just like everybody else, of the bad mortgages that were churned out by subprime lenders like Countrywide and New Century.
As traditional banks face tighter restrictions and the demand for credit grows, a clear winner is beginning to emerge.
2015 may finally be the year of the Nasdaq .
As 2014 wound down, the banking industry received a couple of gifts from regulators.
Facebook has apologised after learning, yet again, that not everything can be done algorithmically. Some things, it seems, need the human touch.
2014 was a huge year for the LGBT community after Apple CEO Tim Cook came out. But you might be surprised by the discrimination that still lingers.
Goldman Sachs and several of its clients stand to lose hundred of millions of dollars from a loan made to Banco Espírito Santo just weeks before the lender collapsed in August, after the Bank of Portugal said the claim won’t be honoured by Novo Banco, the 'good bank' carved out of BES.
2014 wraps up, here's one thing we can all agree upon: It was a wild year for start-ups.
For Kyo Yamamoto, leaving investment choices to a computer rather than making his own calls has been the best strategy as unorthodox global monetary policies only worsen market volatility. Right now, the machine says sell Japan government bonds.
Goldman Sachs hired Sarah-Marie Martin as a partner in its financial-sponsors group, luring away a Credit Suisse banker who works with the world’s largest private-equity firms, according to a person with knowledge of the hire.
An ex-Goldman Sachs banker who got a former colleague to steal documents from the Federal Reserve Bank of New York was sentenced to two years’ probation after a judge said he’d already been punished enough by having his reputation trashed on the Internet.