Nomura Holdings Inc.’s credit rating was raised by Moody’s Investors Service for the first time since November 2005 amid improved profitability at Japan’s biggest brokerage.
UBS is tightening its rules on how employees can trade securities for personal accounts, telling staffers it wants to prevent potential abuses.
The FBI believes ETrade observed cybersecurity activity related to this summer's JPMorgan Chase data breach, a source tells CNBC.
Former Federal Reserve Chairman Ben Bernanke took the stand in the American International Group bailout trial Thursday afternoon appearing slightly combative and vaguely annoyed at having to testify.
The environment for mergers and acquisitions is as strong as it's ever been, a top JPMorgan Chase banker with nearly 40 years of experience on Wall Street told CNBC on Thursday.
He wants a $10,000 raise for all employees at the firm.
The biggest and fatest-shrinking bonus pots.
Billionaire Steven A. Cohen, whose hedge fund SAC Capital Advisors LP shut down this year to settle charges of unprecedented insider trading, plans to reward employees at his new investment firm for demonstrating ethical behavior.
Fresh evidence is emerging of the spendthrift lifestyle of the directors of the once-mighty Caja Madrid savings bank even as the 300-year-old institution drifted into crisis.
American International Group Inc. (AIG)’s unique set of risks was seen by one of the primary orchestrators of its rescue as requiring tough conditions that included the government’s taking most of the insurer’s stock.
JPMorgan, Deutsche Bank and Wells Fargo have been asked by U.S. authorities to retain and turn over records that may be related to improper transfers from an embattled Malaysian state fund, according to people familiar with the matter.
Bank of America has lost its second co-head of Asia industrial banking with the departure of Richard Zhang for a Chinese online logistics company.
California sued Morgan Stanley over claims it misrepresented “complex investments” sold to the state’s employee pension funds, including the type of subprime mortgage-backed securities that led to the global financial crisis.