The recovery is official-at least for millionaires.
Federal regulators on Thursday announced the latest case to stem from the decade-long insider trading investigation into SAC Capital Advisors, taking aim at a former employee for prompting a number of illegal trades.
The chief executive of Société Générale, France's second-largest bank by market value, said he is committed to keeping links between Europe and Russia strong, in light of the crisis in Ukraine.
BP is closer to restoring its operations and reputation in the US after agreeing a deal with environmental protection authorities that it will enable the oil firm to bid for new drilling rights in the Gulf of Mexico.
UBS traders tried to rig Hong Kong’s benchmark interest rate between 2006 and 2009, the city’s central bank said following a probe that lasted more than a year.
Here's the latest Thomson Reuters weekly investment banking scorecard.
A Japan-focused multistrategy hedge fund run by three former Goldman Sachs Managing Directors returned 38% in its first two months, according to two people with knowledge of the matter.
Credit Suisse is deploying investment bankers to woo African entrepreneurs as the bank tries to build its wealth-management business on the continent.
Royal Bank of Scotland’s credit rating was downgraded by Moody’s Investors Service after the lender reported its biggest full-year loss since its bailout in 2008.
As investors continue to fret over slowing growth in China, Capital Economics say it will in fact be positive for the rest of the world.
One of the first letters sent by the Chinese Communist leader Mao Zedong to any western leader, a plea for help sent to Clement Attlee as head of the Labour party, has sold at auction for £605,000, more than four times the highest pre-sale estimate.
Sad to report.
Few see Christmas as the most wonderful time of the year.