Epitomizes both the social media revolution and the new generation of Silicon Valley entrepreneurs who expect to be billionaires before they turn 30.
Northern Trust said it received a subpoena from the U.S. Securities and Exchange Commission in April related to the bank’s securities lending activities.
Londoners struggled to get to work as a two-day subway strike snarled most of the network, leaving commuters to compete for bicycles and bus seats.
Chief executives in some of Europe's biggest banks saw huge gains in their pay packets in 2013, with a number of bosses seeing hikes in excess of 10 percent from the previous year, data compiled exclusively for CNBC reveals.
Deutsche Bank said first-quarter profit declined less than expected as trading revenue exceeded analysts’ estimates.
Bank of America's botched dividend boost was a "disgrace" and raised questions over whether the bank has become "too big to run," CNBC's Jim Cramer said Monday, moments after news broke that the massive bank halted a planned 4 cent dividend increase.
One of the City's biggest fund managers has warned that the government's decision to block Royal Bank of Scotland's bonus plans would put the bank at a competitive disadvantage.
The Bank of England is preparing to order eight of the UK's biggest banks and building societies to ensure they are strong enough to withstand sharp drops in house prices and sudden rises in interest rates.
Infamous computer hacker Andrew Auernheimer has now set his sights on Wall Street, opening a hedge fund that will short companies vulnerable to security breaches.
Boris sees it as a good opportunity but be wary of squatters
A U.S. judge has given preliminary approval to a $110m settlement to resolve an investor lawsuit against Credit Suisse over toxic mortgage-backed securities issued before the 2008 financial crisis.
Five former finance professionals, including a one-time Deutsche Bank manager, will go on trial next week for insider trading, almost six years after the U.K. markets regulator sent shock waves through London with a series of dawn raids and arrests.
For the average hedge fund, 2015 was nothing to brag about, and even may have proved humiliating.