Citigroup paid a record $697m to a unit of Wheelock for a Hong Kong office tower that will bring most of its 5,000 employees under one roof.
A day before he is scheduled to begin serving a two-year prison sentence for insider trading, former Goldman Sachs director Rajat Gupta asked a federal appeals court to reduce a $13.9m civil penalty and shorten his lifetime ban from serving as an officer of a public company.
The Supreme Court on Monday denied jailed hedge fund manager Raj Rajaratnam’s request to have the appeal of his insider trading conviction heard by the highest court in the U.S.
The best performer among America's big financial institutions.
When John Browne ran BP, he kept his life as a gay man a secret. Had he been true to himself, he believes he would have been a much different leader.
Deutsche Bank’s Japanese securities unit entertained officials from 45 funds that manage public pensions, according to a report obtained by Bloomberg News, signalling that the potentially illegal practice was more widespread than regulators had disclosed.
BNP Paribas, which is facing a potential $10bn fine for breaking U.S. sanctions, has handed over to U.S. investigators files covering many years of its dealings with leading companies in the oil market.
The Securities and Exchange Commission has sounded a warning to Wall Street and corporate America, taking aim at a hedge fund not only for improper trading - but for punishing the employee who blew the whistle on the wrongdoing.
Irene Dorner, the banker HSBC sent to the US to apologise for mistakes that led to a £1.2bn fine for laundering money, is retiring from Britain's biggest bank after 32 years.
Written by Michelle Chance, employment partner at Kingsley Napley LLP, and co-founder of the Association of Professional Working Parents (APWP).
Germany's financial regulator will take no further action against Deutsche Bank over alleged interest rate rigging and precious metals price fixing, the country's largest bank said last week.
Next year it will be a decade since Royal Bank of Scotland embarked on its near-fatal acquisition of the worst pieces of Dutch bank ABN Amro.
Standard Chartered is at risk of having its rating cut by Standard & Poor's, it was revealed today.