Deutsche Bank may need to set aside billions in additional capital under a proposal from European regulators that could affect the bank's efforts to strengthen its balance sheet and put pressure on dividends.
The Board of Atlas Mara Co-Nvest Limited has announced the appointment of John Vitalo as Chief Executive Officer.
JPMorgan named Carlos Hernandez co-head of global banking with Jeff Urwin as corporate and investment-banking chief Daniel Pinto overhauls the division’s leadership.
A former broker at Tullett Prebon said in a lawsuit over his firing that he never tried to manipulate Libor rates, calling messages with a UBS banker 'misleading'.
Barclays has settled a £70m Libor court case that will spare its former boss Bob Diamond and other senior colleagues from testifying in a lawsuit that the bank had been vigorously defending.
The private fund company Point72 Asset Management, the former SAC Capital, launched officially Monday with about $9 billion in funds and a year-to-date return of close to 10 percent through March, according to people familiar with the matter.
Britain's biggest drug company, GlaxoSmithKline, has been rocked by fresh bribery and corruption allegations after admitting that it was investigating its business in Iraq.
Ford Motor said on Monday it would recall about 434,700 vehicles mainly in North America due to two separate and unrelated issues.
The suspect allegedly fled the scene in a Smart car.
Shrinking its international investment banking workforce.
George Osborne has received a second pre-Christmas setback after official figures showing a a stuttering performance by the economy in the months following the general election put the government’s 2015 growth forecast at risk.
Even as the White House has been touting the economic recovery seven years after the 2008 recession, 45% of Americans think that the US economy is “only fair”.
High streets are continuing to suffer as shoppers saved on gifts and splashed their spare cash in restaurants and pubs in the days before Christmas.