Deutsche Bank is preparing for fines in connection with investigations into possible manipulation of emerging markets currency rates and is also braced for civil lawsuits, two sources familiar with the views of the bank's management said.
Credit Suisse CFO David Mathers said the bank’s macro business, which combines interest rates, foreign-exchange and commodities trading, remained 'difficult' in the second quarter.
Former hedge fund analyst Matthew Teeple pleaded guilty on Wednesday to a criminal conspiracy charge in connection with the 2008 takeover of a technology company.
We could do without another blow-up.
Deutsche Bank has sued to block some of its former wealth-management employees from joining competitor HPM Partners LLC, including two who claim they were forced out after being pressured to sell products that weren’t good for their clients.
Forbes has "leaned in," releasing its list of the world's 100 most powerful women, looking largely outside the corporate C-suite for power players.
Another big Wall Street bank is reporting some serious problems with its trading book, raising questions over just how bad things are getting for big financial institutions.
Ian Hannam, the former JP Morgan Cazenove banker who was once one of the City's most feted financiers, has lost his appeal against a ruling that he committed market abuse.
Standard Chartered has announced the appointment of John Cusack as Global Head, Financial Crime Compliance (FCC) and Group Money Laundering Reporting Officer (MLRO).
The chances of an increase in interest rates before the end of 2014 moved a significant step closer on Wednesday night when one of the Bank of England's key policymakers said a rise in the cost of borrowing should happen "sooner rather than later".
BNP Paribas will outsource its Asian equities trading platform to global electronic brokerage Instinet to save costs as part of a broader overhaul of its regional cash equities business, both companies told Reuters.
Nick Clegg was paid £22,500 by Goldman Sachs for a two-and-a-half-hour speech and presentation on the EU, it has emerged.