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Three Barclays Libor traders charged

Barclays Canary Wharf

Three former Barclays Libor traders were charged by a U.K. prosecutor in a London court Wednesday in the latest criminal action in a two-year investigation of the interest rate benchmark.

BofA does Buffett deal, discloses new probes

Warren Buffett

Bank of America, the bank that turned to Warren Buffett in 2011 for a capital injection, reached a deal with the billionaire’s company to change terms so the investment is treated more favorably by regulators.

'Too much focus' on rates: Broadbent in frame for BoE job

Bank Of England Building

The Bank of England would never give "time-specific" guidance on the U.K's first interest rate hike, Ben Broadbent, Bank of England monetary policy committee member - and rumored leading contender for the deputy governorship - told CNBC.

Fund manager started a conga line on the trading floor

Conga Line Vintage

Among the soundbites that came from a lengthy and, at times, bizarre interview with Bill Gross on Tuesday afternoon, was the fact that the bond fund manager started a conga line on the trading floor 'to let employees know it was okay to scream and shout and let it all out'.



My husband got laid off - Now MY life is Hell!

'It's interesting to see how all these bankers have been writing in detailing their experiences and woes after being laid off. How typical that they just think of themselves! How about the impact all this has on the lives of their wives ?