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.
The Great Recession tarnished the reputation of the financial industry. Leaders now need to mentor students so they can learn from their mistakes.
More than 12 years after terror attacks felled the World Trade Center, the 9/11 Memorial Museum will open to the public May 21, officials announced Monday.
David Einhorn, the hedge fund manager, dropped a lawsuit aimed at unmasking an anonymous blogger on the Seeking Alpha financial website, who had discussed one of his fund’s stock positions before it was publicly announced.
Coming soon to the bedroom walls of aspiring teenage investors everywhere: Warren Buffett's big, fat head. (So to speak).
A senior UBS banker in Hong Kong returned to work on Monday, according to a spokesman for the bank, after being placed on leave as part of an investigation into the hiring of a Chinese colleague.
Royal Bank of Scotland has had contact regarding the possible sale of its U.S. retail business Citizens with Sumitomo Mitsui Financial Group while Mitsubishi UFJ Financial Group has also considered a bid, people with knowledge of the matter said.
Hedge funds manage $470bn in the UK, with 82% of the assets controlled by just 20 large firms, the City regulator has revealed.
Five former employees of Bernie Madoff were found guilty of conspiracy on Monday as a jury ruled they had for years helped conceal his massive Ponzi scheme.
Bailed out Lloyds Banking Group has handed its top management team – including chief executive António Horta-Osório – bonuses potentially worth more than £27m.
Societe Generale resigned as a primary dealer for U.K. government bonds, the second market maker to exit in just over three months.
Chinese authorities have arrested 21 executives from the country's largest peer-to-peer money lending platform on suspicion of stealing money from nearly a billion investors - which could make it the world's largest Ponzi scheme.
HSBC is imposing a global hiring and pay freeze for 2016 in an effort to cut costs.