The U.K. Serious Fraud Office sought documents as part of a “pending” probe into a dispute between Societe Generale and the Libyan Investment Authority, days after the bank agreed to pay $1.06 billion to resolve a related civil-bribery lawsuit.
UBS is embroiled in a £100 million dispute with Revenue & Customs over an attempt to book losses from its Swiss parent in the UK.
JP Morgan is planning to hire a “significant” number of people in Dublin for its custody and fund services business in the coming years.
Royal Bank of Scotland sounded out former investors last week as part of a bid to avoid a High Court trial later this month.
A multimillionaire City asset manager is offering to bankroll bids to oust almost 140 pro-EU MPs.
The past 11 months have been a tumultuous period for many British businesses. But the London Stock Exchange Group has probably had a rockier ride than most.
The government is expected to sell off its remaining shares in Lloyds Banking Group in the coming week, marking a watershed moment for the sector after the financial crisis.
The Labour Party is under fire for new proposals aimed at cracking down on tax dodgers and a so-called "Robin Hood tax" on financial transactions.
A judge approved the $135 million settlement to a group of investors by SAC Capital Advisors LP to resolve the final insider trading claims against Steven A. Cohen’s former investment company.
A recent class-action lawsuit says that the number of unauthorized accounts may be bigger than initially thought.
Vivek Kapoor, a trader in complex equity products, has left Credit Suisse’s asset-management unit to run his own firm with about $1.6 billion of assets he oversaw, a person familiar with the matter said.
Considering making Frankfurt its main EU base and could move as many as 1,000 employees in due course.
“This is embedded in our business strategy....Our program is focused on one thing, which is achieving growth. I’m not interested in cost savings.”
Citadel's Ken Griffin cast doubt Monday on whether President Donald Trump could actually break up the big banks as promised.
The hedge fund industry is employing a growing number of people, in spite of investor concerns over its performance.
A former UBS banker who as a whistleblower helped U.S. authorities prosecute the Swiss bank for tax fraud, only to spend 2-1/2 years in prison for helping a billionaire client evade taxes, on Monday filed a $20 million libel lawsuit against his former employer.
BNP Paribas beat analyst expectations on Wednesday as the French bank's bottom line received a boost from an uptick in bond trading.
U.S. federal prosecutors have subpoenaed several banks as part of a criminal investigation into possible manipulation of the U.S. Treasuries market, according to people familiar with the matter.
Chinese conglomerate HNA Group has become Deutsche Bank's biggest direct shareholder, upping its stake in the flagship lender of Europe's top economy to just under 10 percent, according to a U.S. regulatory filing.
U.K. lender Barclays has opened a new innovation center in Shoreditch, London for its in-house banking and technology teams, as well as more than 40 co-located financial technology (fintech) start-ups.
Reuters: Credit Suisse expects to make big profits in the next few years, Chairman Urs Rohner said on Thursday, following back-to-back full-year losses for the Swiss bank.
An investment-fund manager who claims he was shortchanged by traders lying about mortgage-bond prices admitted he used the same tactic under certain circumstances.
Anglo-South African financial services group Investec is committed to the UK despite uncertainty around Brexit, its co-founder has said.