Banks under investigation for currency rate-rigging were told to record all questioning of employees and hand them over to investigators, as the U.K. markets regulator seeks to prevent interference with the probe, according to four people with knowledge of the case.
Since early September, a mysterious diner (or diners) has been leaving tips of over-the-top amounts at various restaurants across the country, stirring up skeptics and speculators alike and garnering huge attention across social media platforms.
Royal Bank of Canada’s President and Chief Executive Officer, Gordon Nixon, has announced his intention to retire effective August 1, 2014, after 13 years in this role.
Electronic cigarette smokers be warned: The time of smoking in New York City bars and restaurants without consequence may soon come to an end.
Royal Bank of Scotland and rating agency Standard & Poor's have been sued by a group of European institutional investors for damages of up to $250m suffered on complex financial products in the lead-up to the global financial crisis.
Companies planning to splash out on Christmas parties shouldn't bother, a new survey shows, as most employees would prefer the cash instead.
John Fraser, who has been Chairman and CEO Global Asset Management since 2001, has decided to retire from his CEO role and as a member of UBS's Group Executive Board, effective 31st December 2013. This follows a long and distinguished career at UBS and in finance which began in the Australian Treasury and has spanned five decades.
Credit Suisse has announced the sale of its domestic private banking business booked in Germany to ABN AMRO.
Deutsche Bank is committing about $2.3 billion to prove it's sorry that some of its employees rigged interest rates.
Bank of America's 'thundering herd' of Merrill Lynch financial advisers is about to be joined by a robot.
Leading European hedge fund firm Brevan Howard has cut around 50 support staff across its global operations, a source familiar with the matter on Friday said, as part of a plan to focus on its flagship macro-economic funds business.
Barclays is sounding out potential buyers for its Asian wealth-management business as Chairman John McFarlane refocuses Britain’s second-largest bank on the most profitable businesses in the U.S. and U.K., said two people with knowledge of the matter.