Jamie Dimon cradles a cup of coffee as he waits for one of his 250,000 employees to open the locked door of an office marked 'Global Command Centre'.
The U.S. Justice Department didn’t blink in its pursuit of a guilty plea from Credit Suisse for helping thousands of Americans evade taxes. What prosecutors accomplished with the criminal conviction - the first of a major bank in a decade - isn’t as clear.
The European Commission has informed Crédit Agricole, HSBC and JPMorgan of its preliminary view that they may have breached EU antitrust rules by colluding to influence the pricing of interest rate derivatives denominated in the euro currency.
Jon Corzine's ambition exceeded what the now-defunct MF Global brokerage could handle, private equity titan J. Christopher Flowers tells CNBC. But Flowers still considers Corzine a friend.
Credit Suisse agreed to pay $2.6bn in penalties and pleaded guilty to helping Americans cheat on their taxes, making it the first global bank in a decade to admit to a crime in a U.S. courtroom.
Credit Suisse agrees to pay $2.815bn; these settlements, net of existing provisions, will result in an after-tax charge of CHF 1.598bn to be booked in the second quarter of 2014
A Deutsche Bank plan to raise nearly $11 billion in new capital drew criticism on Wall Street, bedeviling the German bank's shares in the U.S. and Europe and prompting at least one prominent analyst to downgrade the stock.
A debate that's raged for several decades - and could rage for many more - came to the fore once again with London being named as the best city for "economic clout".
Royal Bank of Scotland has handed its new finance director almost £2m in shares on his first day in the job at the bailed out bank.
Bankers on both sides of the Atlantic have lost the chance to collect "jackpot" fees of £345m following the collapse of US drugs giant Pfizer's £69bn bid for its British rival AstraZeneca.
This July, if you see former Big Apple mayor Mike Bloomberg sweating, it may not because of the usual summer heat.
The Securities and Exchange Commission has announced that State Street Bank and Trust Company agreed to pay $12m to settle charges that it conducted a pay-to-play scheme through its then-senior vice president and a hired lobbyist to win contracts to service Ohio pension funds.
Deutsche Bank officials are reviewing whether some employees exaggerated demand as they marketed new securities backed by risky auto loans, potentially suppressing yields for investors, according to a person with knowledge of the matter.