Declared dead at the scene.
Citigroup will consider clawing back compensation or shrinking 2014 pay for any employees linked to a $400m loan fraud at its Banamex unit in Mexico.
The CEO of independent Brazilian investment bank BR Partners Banco do Investimento SA on Wednesday called Moelis & Co's hiring of three of its top bankers 'unethical' and are evaluating a potential response.
JPMorgan and HSBC are said to face a European Union complaint as soon as next month as the bloc’s antitrust chief races to fine a quartet of financial companies that snubbed rate-rigging settlements.
President Barack Obama 's approval rating may have hit a new low, but he still attracted big-money Democrats at a Manhattan fundraiser to benefit his political party.
The Securities and Exchange Commission has charged Jefferies with failing to supervise employees on its mortgage-backed securities desk who were lying to customers about pricing.
London - IT contractors are said to be leaving Barclays following the bank’s decision to unilaterally impose a 10% rate cut.
A former Credit Suisse banker pleaded guilty on Wednesday to conspiring to help U.S. customers evade taxes by using Swiss accounts, and said he did so with the encouragement of his superiors, according to documents filed in court.
Fabrice Tourre, the former Goldman Sachs trader who reaped millions of dollars on Wall Street before a federal investigation derailed his career and redefined him as both a symbol and a scapegoat of the financial crisis, is now losing a piece of that small fortune to the government.
"Banks don't have to beat the market to make money. They just have to beat their customers."
The accountancy regulator is facing renewed pressure to open an investigation into the auditors of HBOS in the runup to its near-collapse in 2008.
Royal Bank of Scotland has become embroiled in another scandal after admitting that it was wrong to deny sitting on almost quarter of a million pounds of customer money.
Stock market investors are bracing for panic selling in New York and London before what is expected to be the first rate rise by the US Federal Reserve since 2006.