There's always a catch!
The devastated family of a JP Morgan executive who plunged to his death from the roof of the bank’s European headquarters in Canary Wharf Tuesday said they were determined to 'get to the truth' about what happened.
Kevin Shea, an interest-rate salesman at Goldman Sachs who has worked at the firm for 27 years, is retiring, according to a person briefed on the decision.
JPMorgan could fetch at least $2bn for its commodities unit after it received bids from Blackstone Group, Macquarie Group and Mercuria Energy Group, people with knowledge of the matter said.
Deutsche Bank is confident it can reach its profitability targets for 2015 despite reporting a surprise loss of almost $1.56 billion in the fourth quarter of 2013, the bank's co-chief executive told CNBC.
SAC Capital's head trader testified that Steven Cohen had instructed him to start selling Elan stock in accounts that had 'less visibility'.
Julian Rifat, a former trader at Moore Capital Management, was charged with eight counts of insider trading at a London court Wednesday after a four-year investigation.
It's been a tough week for the markets.
An employee of JP Morgan investment bank who fell to his death from the firm's European headquarters during rush hour in London has been named as 39-year-old Gabriel Magee.
A High Court judge on Thursday delayed the trial in a drawn-out battle between Royal Bank of Scotland and shareholders, criticising the lender and its legal advisers for being "unfocused" and swamped by 25 million documents.
Pacific Investment Management Co. sued Citigroup over the bank’s role as trustee for $13.8bn of mortgage-backed securities made toxic when the housing bubble burst, leading to "substantial damages."
Credit Suisse’s joint venture in China won approval to offer securities brokerage services for the first time, in the economic zone of Qianhai in the southern city of Shenzhen.