The London Metal Exchange (LME) will keep its open-outcry trading ring, bucking a trend by most other markets to shift to all-electronic operations.
By Harris Irfan
BNP Paribas, the bank being investigated for money laundering for Sudanese agencies and companies, could see some leniency from New York regulators.
Credit Suisse has withheld many key documents from MBIA in a lawsuit accusing the bank of lying about how it processed loans used in mortgage-backed securities, and it should be ordered to review whether it has more evidence suggesting misconduct, the bond insurer said.
Former Millennium Global Investments portfolio manager Michael Balboa was sentenced to four years in prison for defrauding investors by inflating the value of Nigerian sovereign debt by $80m.
Optimism without empathy will not be enough to solve the problems facing the world, Bill Gates told Stanford's graduating class of 2014 in a commencement speech he gave with his wife, Melinda.
Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns about potential breaches of international sanctions, sources familiar with the trades told Reuters.
Argentina's government has hit back at a group of creditors that could force the beleagured country into bankruptcy, saying in an advert published in newspapers across the globe that it would fight their court actions.
Winner by less than a second.