Richard Mellon Scaife, the billionaire heir to the Mellon banking and oil fortune and a newspaper publisher who funded libertarian and conservative causes and various projects to discredit President Bill Clinton, has died. He was 82.
Morgan Stanley has bought Deutsche Bank's bulk commodities trading book dealing in coal, iron ore and freight forward contracts to expand in commodities derivatives, a source familiar with the matter said on Thursday.
JPMorgan unwittingly helped BNP Paribas violate U.S. sanctions as the bank hid billions of dollars in transactions involving Sudan and Cuba, according to court documents and people with knowledge of the matter.
President Barack Obama’s critique of trader bonuses at Wall Street banks as still risky to the economy drew objections from financial executives who said the compensation system already has been fixed.
Royal Bank of Scotland was asked by investors suing over losses from a 2008 share sale to disclose details of probes by U.K. and U.S. regulators into its near-collapse and $78bn bailout.
Have job will travel.
A 'needless and massive' breach of privacy.
Global Investment Banking: Top firms - First Half 2014 (US$m)
An article about the ousting of Stan O'Neal from Merrill Lynch has become one of an estimated 50,000 expunged from certain Google searches.
The type of throat cancer Jamie Dimon has is curable in as many as 90% of cases with a treatment regimen that poses challenges for his demanding work schedule as chairman and chief executive officer of JPMorgan.
Barclays is restructuring its management as part of a wider overhaul announced under Chief Executive Officer Jes Staley to comply with new U.K. rules and bolster profitability.
One-time high-flying hedge fund manager Phil Falcone, plotting a comeback after a securities industry ban, told CNBC Tuesday he considers his integrity of "utmost importance," and said he's trusted by people who know him.
A former Deutsche Bank trader has been banned from working in the UK's financial services industry following a criminal conviction for fraud in the US.