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New payout could make more Madoff victims whole

Money On Hook

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.

Who are the Candy Crush millionaires ?

Candy Crush Saga Screenshot

King Digital Entertainment's stock is set to be valued at up to $7.6bn when it begins trading on the New York Stock Exchange on Wednesday, as investors show a renewed appetite for technology firms.

People News - Citi, JPMorgan, UBS

Citi Building Sign

Citigroup has named Richard Bibbey to run its global spot foreign-exchange business as the bank seeks to more closely align its voice and electronic trading of currencies.



Jamie Dimon

JPMorgan agrees to pay $995m to resolve Ambac claims

JPMorgan agreed to pay $995m to resolve claims by Ambac Financial Group that it was duped into insuring mortgage bonds backed by shoddy loans, paving the way for approval of a much larger settlement between the bank and institutional investors stemming from the global financial crisis.