With the holiday season soon upon us, here's one book about the financial markets you have to read, which is jam-packed with action, emotion and the inside track about the success and ultimate failure of one's of the best known firms on Wall Street.
'Messages are full of casual banter, British slang and the lingua franca of foreign-exchange traders'.
Cargill Inc. plans to apply for Category 2 membership of the London Metal Exchange, it said on Wednesday, as the agricultural merchant makes its first foray into base metals derivatives sales as European banks retreat.
U.S. prosecutors have reopened investigations into Standard Chartered to determine whether the bank, which entered into a deferred prosecution agreement in 2012, withheld evidence of Iran sanctions violations, two people briefed on the matter said.
The decision by JPMorgan Chase to keep its headquarters on Manhattan’s Park Avenue saves the Midtown neighborhood from what would have been a deep blow.
Aldi triumphed for the second year running in a global survey measuring brand simplicity, beating Google.
In the board game Monopoly, when the bank makes an error in your favor, the player gets to keep the money. A hedge fund manager is acting as if he has drawn that lucky card for real, a lawsuit against him contends.
Barclays has given an indication about the scale of potential fines looming across the banking industry by setting aside £500m to cover the cost of the on-going investigations into rigging currency markets.
PIMCO has named Nobel Laureate Economist Michael Spence as a consultant on macroeconomic and global policy issues.
Bank of America Chairman Brian Moynihan spoke with Bloomberg Television anchor Erik Schatzker Wednesday, where he said that legal costs stemming from defective mortgages are largely behind it.