Former SAC Capital portfolio manager SAC Capital Michael Steinberg was sentenced to 3-1/2 years in prison after his 2013 conviction on insider trading charges.
'Being boastful indiscreet and vulgar is not OK'.
Credit Suisse is close to reaching an agreement to plead guilty and pay about $2.5bn to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar with the matter said.
A federal U.S. judge on Thursday denied a request for a new trial made by three former UBS bankers who were convicted of rigging bids to invest municipal bond proceeds.
Goldman Sachs has expanded its workforce outside New York and San Francisco mainly to cut costs. Its office in Irving, Texas, also aims to boost revenue.
Global DCM activity totals $2.3 trillion, down 7% compared to YTD 2013
Deutsche Bank has sold the lossmaking Cosmopolitan of Las Vegas casino and resort to private equity giant Blackstone for $1.7bn in cash.
Today is the last day of Mental Health Awareness Week.
Deutsche Bank has named Alastair Blackman from Credit Suisse as Managing Director and head of the media industry division in investment banking for Europe, the Middle East and Africa.
City regulators have been forced to reduce a £3.6m fine for rigging Libor imposed on City broking house RP Martin because the broker said it faced collapse if it had to pay the full sum demanded.
A 31-year-old banker from Scottsdale, Arizona was tapped by the Arizona Coyotes as an emergency goalie on Monday night.
Barclays' investment bank chief, Tom King, plans to retire as soon as next month, said people with knowledge of the plans.
Global investment banks are set for a 21 percent decline in revenue this year, with European lenders including Credit Suisse Group AG most at risk, according to analysts at JPMorgan Chase.