Credit Suisse said it remains committed to commodities and sees 'strategic opportunities' as banks including Barclays and Deutsche Bank retreat from the field.
A lawsuit filed on Friday alleges that Goldman Sachs, JPMorgan, the London Metal Exchange and metal warehouse operators have conspired since 2010 to manipulate the price of zinc in the United States.
Sick to the stomach.
A baby-faced 'Wolf of Wall Street' wannabe duped Facebook into approving pricey advertising lines of credit that the Brooklyn college graduate later sold off for big bucks, a new lawsuit charges.
Mervyn King, former governor of the Bank of England, has warned the City will have another Fred Goodwin figure unless the banking system is overhauled.
HSBC Chairman Douglas Flint is underpaid, the head of the bank’s compensation committee said, as 21% of investors opposed its pay policy.
Credit Suisse's CEO Brady Dougan told a Swiss Sunday newspaper he has no plans to step down and his bank would not need a capital increase despite a $2.5bn deal with U.S. authorities over a tax dispute.
More than half of the developing world's workers are trapped in vulnerable jobs, working for themselves or in unpaid family work, according to a new report that calls for better quality employment to drive economic growth.
Stress levels on the street are just as high as during the financial crisis.
An asset management firm founded by former Goldman Sachs partner Vishal Gupta sued UBS, saying investment banking cuts at the firm have undermined a joint venture.
The number of requests for assistance from foreign enforcement agencies received by the Financial Conduct Authority (FCA) has risen over the last year.
Small cap specialist broker Panmure Gordon has broken into the top five City advisers chart this morning as financial data publisher Adviser Rankings unveiled its tenth annual corporate advisers rankings for 2015.