New York state's banking regulator is seeking hundreds of millions of dollars from Credit Suisse in a probe into potential tax evasion that could push a settlement with U.S. authorities over $2 billion, sources close to the matter told Reuters.
Almost six years after Lehman Brothers filed for the largest bankruptcy in history, triggering a global market meltdown, hedge funds are still feeding on its remains.
As she has done every year since the financial crisis, Judy Koenick travelled from her home in Maryland to Bank of America’s annual shareholder meeting in Charlotte, N.C., last week, a drive of more than six hours.
Billionaire hedge fund manager Steve Cohen is used to making money with quick trades. Maybe that's why he's reportedly furious that a luxury real estate investment of his isn't moving.
It will never been known what might have happened if Lehman Brothers had not collapsed in 2008, unleashing a wave of panic on the financial markets that led to the bailout of banks around the world.
Societe Generale has appealed against the $613.4m fine it paid last year for manipulating benchmark interest rates, saying regulators had miscalculated it.
Steven Dennis says it's time for Sears to "stop the charade and embrace the inevitable."
Several ex-Barclays bank executives are expected to be questioned under caution by the UK's Serious Fraud Office over a deal with investors in Qatar in 2008.
The heir apparent to Robert Greifeld appears to be in place at the Nasdaq stock exchange.
'Management always tries to sweep things under the carpet, but it’s no longer possible to hide'.
Fresh strikes by London Underground drivers look set to go ahead as the long-running row over Night Tube working conditions continues.
Dangerous cocktails were in evidence in many a bar during the Christmas and New Year holidays.
Londoners spend on average over £6,000 on their jobs each year just getting to and from work, as well as buying work-related items, new research has shown.