Credit Suisse is 'doing everything' to resolve the U.S. investigation into whether the bank helped American clients evade taxes, Chairman Urs Rohner said.
Citigroup failed to persuade a U.S. appeals court to throw out a lawsuit that claims it lied about the riskiness of securities valued at almost $1bn, as the world’s biggest banks continue to defend against allegations they misled investors in the run-up to the financial crisis.
British interdealer broker Tullett Prebon said on Friday it would cut costs and trim headcount as challenging market conditions continued to weigh on its business, sending revenue 12% lower in the first four months of the year.
IntercontinentalExchange Group will seek to reduce the number of stock order types at the New York Stock Exchange to simplify the market.
Goldman Sachs and Morgan Stanley are nearly tied for top spot for WW M&A advisors
Deutsche Bank was dethroned after a nine-year reign as the world’s biggest currency trader by Citigroup, a Euromoney Institutional Investor survey showed, as subdued volatility depressed trading in the euro.
Antony Jenkins' new big plan for Barclays comes 15 months after he unveiled his last big plan. This suggests either that the first version was wrong or that the financial weather has changed.
Standard Chartered has pledged to rethink how it pays its bosses after the bank suffered a damaging shareholder rebellion at its annual general meeting.
It's one of Asia's wealthiest countries and has one the region's lowest unemployment rates. Yet a new survey shows that workers in Singapore feel less committed to their jobs than their Asian peers.
Following a raft of flashy first quarter M&A news, deal volumes are finally returning to pre-financial-crisis levels, according to a new report.
Businesses are missing out on hiring some of the best candidates by not hiring with flexible working in mind.
A London judge released former Deutsche Bank employee Christian Bittar on $1.46m bail after the ex-trader and five others were formally charged in court with manipulating a key interest-rate benchmark.
Jurors in the case of six former brokers accused of helping Tom Hayes rig Libor were told to disregard any sympathy they may have for the defendants as prosecutors wrapped up their arguments in the three-month-old trial.