JPMorgan Chase has agreed to pay $99.5 million to settle its portion of an antitrust lawsuit in which investors accuse 12 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market.
Billionaire Steven A. Cohen agreed to buy a newly constructed nine-bedroom mansion in Beverly Hills, California, listed for $35 million, according to a person with knowledge of the purchase.
UBS has won a London lawsuit filed by an asset management firm that said that investment banking job cuts at the bank undermined a joint venture.
TheCityUK’s new London Employment Survey, released Monday, shows that the financial and related professional services industry has continued its strong recovery.
Swiss private bank Julius Baer had 'reacted swiftly' to the recent appreciation of the Swiss currency by launching a cost savings program worth around 100 million Swiss franc ($108.03 million), the lender's CEO told CNBC.
German and British regulators are examining Deutsche Bank’s systems and controls as questions have again arisen about the German lender’s reporting procedures.
He used over £2 million of investors’ money to fund his lifestyle. He spent over £1 million in a casino, over £200,000 on designer watches and shoes, £60,000 on foreign travel, and over £600,000 in bars and nightclubs in London, Miami and New York.
Sen. Elizabeth Warren's, D-Mass., success in defeating President Barack Obama 's pick for a prominent position in the Treasury Department is symptomatic of Washington's attitude toward would-be wealthy government appointees, Evercore Partners' CEO told CNBC on Friday.
Six hedge fund managers gave their best investment ideas at an exclusive-and private-Morgan Stanley conference. Here are their picks.
Costs to be controlled 'more efficiently'.
Craig Wright, the Australian computer scientist who claimed to be Satoshi Nakamoto, the creator of bitcoin, has backtracked on a pledge to provide proof of his earlier claims.
A Long Island dad of a Wall Street investment banker escaped jail time on Wednesday for his involvement in a four-year, $1m insider trading scheme with his son.
Francisco Rodriguez, the Bank of America analyst who investors relied on for insights into Venezuela’s finances amid a dearth of official data, left his job as the bank’s top economist for the Andes region.