A former UBS banker indicted in 2011 on a charge of helping wealthy Americans evade taxes has agreed to plead guilty in Florida, the latest target in a five-year U.S. crackdown.
Former Bank of America executive Phillip D. Murphy pleaded guilty to conspiring to defraud bond investors and the U.S. government through a bid-rigging scheme, prosecutors said.
Goldman Sachs and Deutsche Bank are quietly trying to get out of a business few people know they are even in: trading supplies of raw uranium known as yellowcake.
"At Barclays we believe in paying for performance and paying competitively," declared Antony Jenkins, chief executive, several times on Tuesday.
A deluge of lawsuits is forcing big banks to leave New York, banking analyst Dick Bove said.
Optimistic Americans are quitting their jobs, says the Wall Street Journal. This could be good, but employers are not hiring enough to balance it.
Top investors in Barclays have told CNBC that they are increasingly frustrated with the bank's chief executive as the bank reveals it increased the total amount it paid staff in bonuses last year.
People who lie on their resumes appear to be motivated by jealousy for other people who have landed jobs when they haven't, according to experts.
The executive suites of JPMorgan Chase in Midtown Manhattan may seem a world away from the politically connected Chinese job applicants who landed on the bank’s payroll.
Jes Staley begins his first day as chief executive of Barclays with a loss of almost £300,000 on the shares he bought last month to show his commitment to the role.
Credit Suisse has appointed Johnson Chui as head of equity capital markets (ECM) for Asia Pacific and created an investment banking role for frontier markets, both part of new senior appointments in Asia, according a person familiar with the matter.
Wells Fargo and Morgan Stanley became the latest big banks Monday to promise to cut their support for the coal industry in the name of reducing the pollution blamed for global warming.