Ex-Barclays CEO Bob Diamond received an e-mail in 2007 describing Libor rates as a 'fantasy', according to documents in the first U.K. lawsuit over manipulation of the benchmark.
The number of mergers and acquisitions in the UK has fallen to a four-year low during the first three months of the year, while flotations have had their strongest start since the peak in 2007.
Bank of America's Merrill Lynch unit is hiring the head of VTB Capital’s Middle East cash-equity sales and sales trading in Dubai, Karim Nsouli, two people familiar with the matter said.
Most U.S. banks came out of the recent stress tests looking pretty good, with one notable exception: Bank of America.
Think you know all there is to know about Twitter ? Think again.
From negative performance reviews and massive employee layoffs to federal budget cuts and fatal test results, bad news is almost a daily phenomenon across all industries and sectors.
Deutsche Bank yesterday, and another top firm today.
A $35m punt that's said likely to reap $3.5bn - a 10,000% gain!
Here's the 2 things that are keeping top bankers awake at night right now.
Homebuyers now have to save for up to 24 years to set aside a deposit large enough to buy them a foot on Britain’s housing ladder, according to new research.
JP Morgan Chase agreed to pay $307m on Friday to settle charges that two of its wealth management units failed to disclose conflicts of interest when promoting investments to its wealthy clients.
One metals and mining analyst is not just slashing earnings estimates and price targets, but also warning about the potential for bankruptcies.