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.
Japanese fund manager Nomura Asset Management (NAM) has launched an office in Dubai International Financial Centre (DIFC) as part of its ongoing commitment to the Middle East.
A 62-year-old Hummer-driving Long Island fund manager was charged Monday with running a Ponzi scheme for nine years — siphoning $17m from his clients.
American International Group announced that CEO Bob Benmosche is will resign as of Sept. 1. He will be replaced by Peter Hancock.
This could get expensive.
ABN Amro Group will cut about 100 jobs as it ceases offering equity derivatives products and shutters its Asian markets business.
Technology companies are notorious for favouring impossible job interviews.
Barclays is losing another member of its debt team as Mark Bamford, the head of the firm’s global fixed-income syndicate, is leaving 'to pursue other opportunities', the company said in a internal memo.
Morgan Stanley’s institutional securities unit had $15.9bn in loans and lending commitments related to the energy industry at the end of last year, down 7.6% from the third quarter.