The increasing frequency and severity of extreme weather events could cost the world $421 billion per year by 2030, the Red Cross warned on Monday.
A Deutsche Bank AG currency trader was dismissed earlier this year after internal checks uncovered irregularities around how he recorded trades, the bank said.
A former mortgage broker from Brooklyn admitted on Friday to being the glue that held together an insider trading ring that involved the passing of stock tips on Post-it notes and napkins in meetings at restaurants in Midtown Manhattan and at Grand Central Terminal.
Whistleblower Haim Bodek now wants to cut the Big Board down to size — and he has a fighting chance with regulators in his corner, say Wall Street veterans.
Swiss private bank Julius Baer is interested in acquiring Coutts International, a unit of Royal Bank of Scotland, but will not get into a bidding war for the venerable British bank's overseas arm, a Swiss paper reported on Sunday.
The arrest of one of Russia's richest men last week was an attempt by President Vladimir Putin to protect himself from a palace coup, according to one of his most vocal critics.
In 1998, Peter Thiel co-founded PayPal and four years later sold up for $1.5bn.
Alibaba, the internet trading company founded in a cramped one-bedroom flat in China 15 years ago, stunned investors on Friday by becoming the 18th-biggest company in the world by valuation, ahead of Facebook, Amazon and eBay.
European M&A activity totals $92.0 billion, up 4% compared to YTD 2015
A steady week for markets will not quash the volatility seen this year, Mohamed El-Erian said Friday.
The first inkling I had that I was going to lose my job was when my boss at UBS in New York suggested we go off the desk for a coffee.