Former Jefferies managing director Jesse Litvak, the only person convicted of fraud related to a $20bn government bail-out program, may spend almost a decade in prison for lying to his customers about mortgage-backed securities.
Yuzo Kano quit Goldman Sachs twice: once for a rival bank, the second time to open Japan’s first bitcoin exchange since the collapse of Mt. Gox.
Deutsche Bank and Barclays on Tuesday locked horns with a U.S. Senate committee that has accused them of selling option products to hedge funds to help them avoid taxes.
UBS has hired a new sector head to grow its America's power investment banking practice, according to an internal memo obtained by Reuters.
Companies going public in Hong Kong are getting the message that less is more.
Millionaires are twice as likely to keep working in retirement than the broader population, according to a new survey from Merrill Lynch and Age Wave.
A big New York investment firm isn't happy that Puerto Rico has made it easier for some local public companies to restructure their debts.
BATS Global Markets, a global operator of securities markets, announced in a release on Tuesday that its president, William O'Brien, has left.
Allegations about the way Royal Bank of Scotland treats its small businesses have resurfaced after senior executives from the bailed-out bank were accused of being "wilfully obtuse" when giving evidence to MPS.
A sad tale.
Goldman Sachs was censured by Hong Kong’s securities regulator for breaching the city’s takeovers code while advising Wing Hang Bank on its acquisition by a Singaporean bank.
BNP Paribas plans to simplify the legal structure of its wealth management operations within the group in some of its branches in France and Asia, according to a statement by the FO banking trade union.
Citigroup named Elissar Farah Antonios as CEO officer for the United Arab Emirates as the bank seeks to expand in the Persian Gulf region.