Barclays and Credit Suisse are among banks that have given up Singapore office space as lenders pare ambitions for growth in the Asian financial hub.
The world’s biggest bond dealers, including JPMorgan and Morgan Stanley, failed to properly report trades to the industry’s price-tracking system more than 11,000 times. JPMorgan’s penalty: About three minutes of its annual profit.
BNY Mellon has announced it has reached an agreement to sell its One Wall Street office building in lower Manhattan for $585m to a joint venture led by Macklowe Properties.
Vanguard Group CEO Bill McNabb says the idea of tagging some funds as systemically important to the financial system - like banks-will cost investors.
McDonald’s closed part of its corporate headquarters in Chicago on Wednesday in response to a mass protestplanned by workers and activists calling for a hike in the minimum wage and the right to form a union without retaliation.
Google's smart-homes firm, Nest, is to return its Protect-branded smoke alarm to the market in a few weeks.
A "clumsy" unwinding will have a very negative effect on the world economy, OppenheimerFunds CEO Bill Glavin told CNBC.
You might be surprised.
Sad to report.
Jamie Dimon’s got his groove back.
The U.S. Supreme Court on Monday declined to hear an appeal filed by three former executives of Swiss global investment bank UBS convicted of conspiring to deceive U.S. cities and towns by rigging bids to invest municipal bond proceeds.
Conceived as an emergency exit strategy and incubated under intense pressure, Steve Cohen's second corporate incarnation has developed into a childhood prodigy.
HSBC is likely to stay based in London rather than move its headquarters to Asia, according to Martin Gilbert, chief executive officer of one of the bank’s biggest shareholders.