A federal appeals court on Tuesday rejected a bid by former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction.
German prosecutors widened an investigation to include a second Deutsche Bank board member in another twist to the lender's legal battle with heirs of late media mogul Leo Kirch that included a search of the bank's headquarters on Tuesday.
JPMorgan’s Mike Cavanagh, who served as a close deputy to CEO Jamie Dimon for more than two decades, will leave to become co-chief operating officer of Carlyle Group.
Jon Corzine, the former MF Global Holdings chief executive, and two former colleagues failed to win the dismissal of a lawsuit by a trustee seeking to hold them responsible for the futures brokerage’s rapid demise and bankruptcy.
BNP Paribas still plans to build on its presence in emerging European countries Poland and Turkey, even as it pulls back from Ukraine , the bank's chief financial officer told CNBC on Wednesday.
Rolls-Royce has been accused of sacking a senior engineer after he blew the whistle on allegations of potentially serious problems with the company's jet engines.
The Internal Revenue Service said Tuesday that it will treat bitcoin and similar virtual currencies as property for U.S. federal tax purposes.
Victims of the epic Madoff Ponzi scheme could get back another $349 million under a proposal submitted to the bankruptcy court Tuesday by trustee Irving H. Picard. The proposed distribution, the fourth since the scandal broke, brings the total payout to nearly $6 billion.
Steve Cohen is mulling an out-of-court resolution to a parallel SEC case in which he himself is the defendant, according to people familiar with the matter.
Revenues in investment banking slipped 18 percent in the first quarter of 2014 compared to the same period last year despite a surge in mergers and acquisitions.
UBS has beefed up compliance for its Australian business after the country’s securities regulator ruled the bank’s controls covering its research department were inadequate.
Regulation, anaemic economic growth and technology changes will force banks across Europe to find more savings in 2016, with jobs likely to be the biggest casualty, according to investors and analysts.