The U.S. Securities and Exchange Commission will examine the exposure of stock exchanges, brokerages and other Wall Street firms to cyber-attacks that have been called a threat to financial stability.
The Swiss government is set to appoint British-born former banker Mark Branson as the first non-Swiss national to head its financial regulator, two sources said, just as the body probes currency markets and prepares for a major review of big banks.
Facebook’s Oculus acquisition pushes Tech M&A to highest annual start since 2000, as value reaches $65.2 billion so far in 2014.
A federal appeals court on Tuesday rejected a bid by former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction.
German prosecutors widened an investigation to include a second Deutsche Bank board member in another twist to the lender's legal battle with heirs of late media mogul Leo Kirch that included a search of the bank's headquarters on Tuesday.
JPMorgan’s Mike Cavanagh, who served as a close deputy to CEO Jamie Dimon for more than two decades, will leave to become co-chief operating officer of Carlyle Group.
Jon Corzine, the former MF Global Holdings chief executive, and two former colleagues failed to win the dismissal of a lawsuit by a trustee seeking to hold them responsible for the futures brokerage’s rapid demise and bankruptcy.
BNP Paribas still plans to build on its presence in emerging European countries Poland and Turkey, even as it pulls back from Ukraine , the bank's chief financial officer told CNBC on Wednesday.
Victims of the epic Madoff Ponzi scheme could get back another $349 million under a proposal submitted to the bankruptcy court Tuesday by trustee Irving H. Picard. The proposed distribution, the fourth since the scandal broke, brings the total payout to nearly $6 billion.
Steve Cohen is mulling an out-of-court resolution to a parallel SEC case in which he himself is the defendant, according to people familiar with the matter.
Europe's biggest bank has turned to one of the world's leading statesmen for advice as it closes in on a decision about whether to move its headquarters from the UK.
Here's a quick look at some of the trading disasters which have occurred in recent years. Note that these are genuine foul-ups (or 'fat-fingered' trades), and not losses down to rogue traders.
A city banker who spent two years commuting to work using a photocopy of a train season ticket has lost his job after pleading guilty to the £8,000 fraud.