Morgan Stanley Chief Financial Officer Ruth Porat called the low number of women running U.S. companies an 'embarrassment' that shows the need for new laws.
Wiet Pot, co-head of the Dutch high-speed trading firm that’s said to be bidding for Goldman Sachs’s floor-trading business, is a former partner of the investment bank who once helped run its equities division.
JP Morgan said on Thursday it was processing a payment from Russia's embassy in Kazakhstan to Russian insurance agency Sogaz, moving to ease tensions after Moscow accused the U.S. bank of "illegally" blocking the transaction.
Disgraced New York investment banker Perk Hixon on Wednesday pleaded guilty to insider trading — becoming the 80th Wall Street high-flier to crash due to Manhattan US Attorney Preet Bharara’s years-long crackdown.
Letters written by or on behalf of prisoners convicted of forging bank notes in the late 18th and 19th century, released by the Bank of England, paint a heartbreaking picture of those awaiting death or exile to Australia.
Just as Citigroup was putting a troubled past of taxpayer bailouts and risky investments behind it, the bank now finds itself in the government’s cross hairs again.
A lawyer for a former JPMorgan trader accused of helping to hide trading losses tied to a $6.2bn financial scandal said on Wednesday his client was open to leaving France to voluntarily face U.S. criminal charges.
Credit Suisse said losses in the fourth quarter were larger than previously reported after it booked more charges for a probe into tax evasion by U.S. clients.
Natixis SA, the investment-banking arm of France’s second-largest bank by branches, plans to increase employees at its Japanese unit by 50% as part of efforts to boost revenue from abroad.
Masayoshi Son, the man behind Japan's leading internet venture Softbank, is the country's wealthiest individual with a net worth of $19 billion, according to Forbes.
A city banker who spent two years commuting to work using a photocopy of a train season ticket has lost his job after pleading guilty to the £8,000 fraud.
BNP Paribas is writing down part of the goodwill related to its BNL unit, which will result in a reduction to fourth-quarter earnings of about $983m.
Lombard Street Research has published a tongue-in-cheek alternative guide to 2016 containing (highly) unrealistic (but amusing) scenarios.