New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person familiar with the matter.
Five former Bernard Madoff aides have asked a federal judge to throw out their convictions, three weeks after a jury found them guilty of fraud and conspiracy for helping Madoff conceal his multibillion-dollar Ponzi scheme.
Ex-Galleon trader Turney Duff offers an insider's view of how learned about Wall Street's dirty little secret: insider trading.
Here's further proof that serious international investors are warming to Africa: The Carlyle Group announced Wednesday that it had raised $698 million for its dedicated continental fund, nearly $200 million above its initial target..
Do you have it in you ?
'In the long-term they will have to do more. On a four or five year view, the investment bank could probably halve'.
Bank of America swung to a loss as the company booked $6bn of costs tied to mortgage disputes.
New York’s top banking regulator sent a subpoena to Credit Suisse last week as he examines whether its private bank helped clients evade state taxes, a person with knowledge of the matter said.
BlackRock the world's largest money manager, paid Chief Executive Officer Laurence Fink $22.9m in compensation last year, up 13.4% from $20.2m the year before.
Is speed really the only advantage of HFTs? This NYU professor and former HFT trader says not so fast - there's more.
Deutsche Bank must face a U.S. lawsuit seeking to hold it liable for causing $3.1bn of investor losses by failing to properly monitor 10 trusts backed by toxic residential mortgages, a federal judge ruled on Wednesday.
The Following are excerpts from a CNBC interview with Julia Chatterley, and Tidjane Thiam, CEO of Credit Suisse.
But investment bank remains 'core to our strategy'.