Professors at business schools are reaching for real-life examples to teach old-school business practices in an effort to engage their students.
More than 2,400 former Lehman Brothers bankers will have their pensions paid in full following a six-year legal battle.
Below the surface of a golfing paradise for many American tourists, the Trump Organization is battling on many fronts.
HSBC Chairman Douglas Flint said the cost of policing potential wrongdoing will probably decrease after Europe’s largest bank by market value spent billions of dollars to toughen its internal controls in the wake of a series of scandals.
European regulators unveiled more details of the hotly-anticipated banking stress tests on Wednesday, in an effort to strengthen the region's shaky financial sector.
Goldman Sachs has abandoned its bid to get a U.K. court to throw out a $1bn lawsuit by the Libyan Investment Authority that alleged the New York-based bank made about $350m selling it investments that turned out to be worthless.
Standard Chartered Bank has agreed to pay $300 million and enact several business changes because of anti-money laundering compliance failures.
Google's C-suite has a lot of money, and it enjoys spending it.
More billionaires have been born in New York City than in any other city in the world, according new research by U.K.-based luxury magazine Spear's and research company WealthInsight.
September 16 2008 was the day central banks stopped being boring. The day Lehman Brothers went down was the cut-off point between conventional monetary policy – moving official interest rates in baby steps to keep inflation low – and unconventional monetary policy.
Foreign banks including HSBC's and Deutsche Bank are pushing back against the Federal Reserve’s proposals on implementing rules designed to end too-big-to-fail, saying they are burdensome and unfair to the U.S. units of the world’s biggest lenders.
Credit Suisse is under investigation in Italy in connection with a case looking into allegations that the bank helped wealthy clients transfer undeclared funds offshore, Italian judicial sources said on Wednesday.
Senior investment bankers Zubaid Ahmad and Brad Coleman will be leading a new group at Citigroup focused on better serving clients that are private equity firms, hedge funds and sovereign wealth funds, according to a memo seen by Reuters on Wednesday.