BlackRock, the world’s biggest money manager, said regulators are considering filing action against the firm over a former money manager who used BlackRock funds to invest in a company with which he had financial ties.
BNP Paribas won a reprieve during final talks to settle a criminal probe into U.S. sanctions violations, giving the bank six months to prepare for a ban on handling certain dollar transactions, according to a person with direct knowledge of the matter.
Former SAC Capital Advisors portfolio manager Mathew Martoma, convicted of orchestrating the most lucrative insider trading scheme in U.S. history, should spend more than eight years in prison, prosecutors told the judge who will sentence him next month.
Henderson Global Investors has entered into an agreement to acquire the entire issued share capital of Geneva Capital Management. Founded in 1987, Geneva has assets under management of $6.3bn¹ in Mid- and Small-Cap US growth equities.
A 30-story skyscraper in London’s Canary Wharf financial district continues to haunt the remnants of defunct Lehman Brothers.
US authorities will announce early this week that French banking giant BNP Paribas has agreed to pay an $8.9bn fine for allegedly violating sanctions rules, reports suggest.
Financial and business services in the U.K., based in the heart of the capital, are the country's biggest exportable service and are now likely to be the key sector that will help plug the current account deficit and bring it back to balance.
Barclays has hired lawyers from the high-profile firm Wilmer Cutler Pickering Hale and Dorr LLP to help the bank defend itself against accusations that it deceived investors in its 'dark pool' trading venue, according to people familiar with the matter.
Unveiling Jane Austen on banknotes.
It is probably Silicon Valley's most striking mantra: “Fail fast, fail often.” It is recited at technology conferences, pinned to company walls, bandied in conversation.
Deutsche Bank is cutting 75 jobs from its fixed income division, split between London and New York.
Bank of America’s Bruce Thompson, who stepped down as CFO last year, will stick with the company in a role dealing with the bank’s biggest corporate clients.
Is Wall Street research the next frontier for ETFs?