JPMorgan must face a lawsuit from shareholders accusing it of securities fraud by misleading them about its ability to manage risk, which surfaced when it lost $6.2bn in the 'London Whale' scandal.
U.S. Attorney Preet Bharara argued the government had gone too easy on corporations in recent years, and that felony charges could be in the offing.
Retired Citigroup Chairman Dick Parsons turned his dream into reality as co-owner of Minton's Playhouse in Harlem.
Hong Kong's de facto central bank said on Tuesday that it is investigating a number of banks as part of the global probe into alleged manipulation of foreign exchange markets, as investigations into the $5.3tril-a-day-market escalate.
Global syndicated lending falls 14% from 2013
An Italian court has sentenced the chief executive of Italian oil and gas group Eni to a prison sentence and a ban from holding public office for violating environmental norms, a court document showed on Monday.
Does size matter ?
Summer is right around the corner. Here's a Wall Street guy's guide to finding the right spot in the Hamptons for your career - and the ladies.
Credit Suisse has filed an arbitration claim with the Financial Industry Regulatory Authority alleging that a unit of UBS unfairly poached staff from its U.S. private-banking business over the past several months, the Wall Street Journal reported, citing a person familiar with the matter.
Deutsche Bank has identified as much as $4bn in suspicious transactions related to its Russian operations, in addition to $6bn in so-called mirror trades it is examining, said several people with knowledge of the bank’s review of the matter.
Goldman Sachs named three senior bankers to its management committee as the firm replaced dealmakers who’ve left its top leadership group.