Convicted insider trader Mathew Martoma has been given almost seven more weeks to ponder his fate.
Deutsche Bank hired Marc Benton to replace Michael Hafner as head of its European energy investment banking business.
The more risk-averse Morgan Stanley that has emerged since the financial crisis may tell a tale of two Wall Streets. But it may also tell a tale of two businesses within the bank.
England's chances of winning the World Cup may be slim but the country is the strongest performer in the tournament's wealth league.
Bank of America and the Justice Department have reached an impasse in negotiations over a multibillion-dollar settlement deal, raising the stakes in an investigation into the bank’s role at the centre of the mortgage crisis.
Rajat Gupta, the former Goldman Sachs director found guilty of insider trading in 2012, asked the U.S. Supreme Court to allow him to remain free on bail so he doesn’t have to report to prison next week.
A former banker visits the only member of Occupy Wall Street to receive a prison sentence: it sounds like the set-up of a joke or a parable of the modern age.
37% more, they say.
We now know a little bit more about the man who is paying almost $2.2 million to have lunch with Warren Buffett, but not much more.
ICAP cut CEO Michael Spencer’s bonus 75% after profit missed targets and the interdealer broker paid a fine to settle a probe by British and U.S. regulators into Libor-rigging.
Citigroup is no longer India’s top investment banker.
Jack Dorsey is no longer a billionaire, thanks to the crashing stock markets and his struggling tech empire.
Hedge funds had their worst performing year last year since 2011, posting returns of 2.02 per cent, according to the latest data from Preqin.