Controversy over City pay is likely to be reignited this week when the major US banks – including JP Morgan and Goldman Sachs – release their results for 2013.
Royal Bank of Scotland could have to pay $10bn to settle lawsuits from US authorities over its role in selling the complex investments that helped cause the credit crunch.
Bankers are using 'sneaky' ways of avoiding the European Union's new cap on bonus sizes, a think tank has claimed.
The Federal Reserve is investigating whether traders at the world’s biggest banks rigged benchmark currency rates, raising the risk that firms will be penalized for lax controls as regulators look for wrongdoing.
Love a bust-up.
Jordan Belfort, the author of two books about his life as the rapacious 'Wolf of Wall Street' and now a prominent motivational speaker, is sending mixed messages, federal prosecutors say.
Deutsche Bank said an internal investigation into its senior management’s role in the interest-rate rigging Libor scandal is still going on.
BlackRock said on Friday that Italy's market regulator has started civil proceedings against one of its fund managers alleging that he used inside information to sell shares in Saipem just before the oil services firm issued a profit warning in 2013.
Mathew Martoma, a former SAC Capital Advisors hedge fund manager, 'corrupted' doctors to get an 'illegal edge' that helped him perpetrate the most lucrative insider trading scheme in history, a federal prosecutor said on Friday.
This is a big week. A very big week. A several-billion-dollar week, in fact, if you happen to be a Wall Street banker.
Nomura, Asia’s global investment bank, announced that it is continuing to strengthen its Investment Banking Division with six recent senior appointments in the Americas, including Head of Equity Capital Markets for the Americas.
Piper Jaffray Companies has announced it has reached a definitive agreement to acquire Simmons & Company International.
VTB Bank handily beat earnings forecasts in the third quarter, as Western countries' sanctions begin to lose their bite, the bank's chairman told CNBC.