'We all had very strong confidence that this was the right way to go'.
Some things never changed.
Deutsche Bank was accused of using underfunded shell companies to evade U.S. taxes in a government lawsuit seeking $190m in taxes, penalties and interest.
JPMorgan has told some hedge-fund clients that they’ll have to take their deposits elsewhere or pay to keep the accounts, a person familiar with the matter said.
Bill Gross’s main bond fund at Janus Capital Group received an estimated $769m in new money last month, bringing assets above $1bn.
Mergers advisory, equity capital markets services and the provision of debt to companies.
Warren Buffett has moved ahead of Mexico's Carlos Slim on the Forbes ranking of billionaires, thanks to big gains for Berkshire shares.
European banks face a tough year in 2015 as fresh and as-yet unfinished regulatory hurdles compound problems created by a stalling economic recovery, credit rating agencies Moody's and Standard & Poor's said on Monday.
One of Bernard Madoff’s longest-serving employees was sentenced to 10 years behind bars for helping run a $17.5bn fraud, with the judge giving Daniel Bonventre a break for not being as bad as his former boss. Prosecutors had sought a sentence of more than 20 years.
Eight of the biggest U.S. banks are about to find out just how risky the Federal Reserve thinks they really are.
Wells Fargo left Chief Executive Officer John Stumpf’s compensation for 2015 unchanged at $19.3m.
The Philippine bank manager who approved fund transfers at the center of an $81m cyber heist will tell lawmakers in a closed hearing Thursday that she was following orders from high-level officials at Rizal Commercial Banking Corp., her lawyer said.
Anyone who has opened an email purporting to be from Bank of England governor Mark Carney about $6.5m they never knew they had should hold off before popping the champagne corks.