U.S. Senators Carl Levin and John McCain have urged the Justice Department to seek extradition of about 30 Swiss bankers and others who are charged with enabling offshore tax evasion and haven’t appeared in federal courts.
Sometimes it seems like not a week goes by without news of some bitcoin service getting hacked and losing everything.
Another day, another bonus bonanza at Barclays: this time, it's £32m in shares for top management.
Short-sellers and stock promoters have puzzled for years over who operated one of the largest penny-stock websites. A U.S. lawsuit points to a Bugatti-driving 26-year-old from Montreal.
Who was the leaker ?
Here's the latest from Cityboy:
Bankers working on Vodafone's $10bn deal to buy Spain's Ono could pocket up to $62m in advisory fees, according to an industry estimate, the latest windfall for dealmakers in the technology, media and telecom (TMT) sectors.
Fund managers are shunning risk and are fearful of tensions between Russia and Ukraine, with 81 percent of investors admitting they think geopolitical risk poses a threat to financial market stability, according to new research.
Barclays paid 12 senior executives about $53m in bonuses as it prepares to eliminate jobs this year.
Societe Generale will seek shareholder permission to pay bonuses amounting to twice bankers’ salaries after the European Union imposed caps on variable compensation.
Brazil’s Supreme Court released André Esteves, former chief executive of the Brazilian investment bank BTG Pactual, from jail on Thursday, but the fallen banking star is far from a free man.
Tidjane Thiam has famously described Asia as a pie that’s growing faster than you can eat it. But grabbing a bigger slice is costly and carries risks, raising doubts the head of Credit Suisse will meet ambitious goals for the region.
JPMorgan is expected to strike a settlement with U.S. regulators on Friday to resolve charges over failing to disclose that it preferred putting clients into some of its own funds and other proprietary products, according to people familiar with the matter.