John Mack, the former CEO of Morgan Stanley said Tuesday that everyone should stop picking on nice fellas like J.P. Morgan Chase CEO Jamie Dimon and Goldman Sachs CEO Lloyd Blankfein.
Determining who belongs on CNBC's list of business influencers has led to spirited debates. Today, CNBC pits Sandy Weill against Jamie Dimon.
Geraldine Sundstrom is leaving Brevan Howard Capital Management LP and the firm is shutting her hedge fund after it lost money amid a rout in emerging markets, according to a person with direct knowledge of the decision.
A federal judge on Tuesday allowed a lawsuit to move forward that seeks to hold former MF Global Holdings CEO Jon Corzine and other executives responsible for the brokerage's collapse.
LEGO versions of real adverts take over prime-time slot for its new movie in the UK.
Bank of England Governor Mark Carney has unveiled the "next phase" of forward guidance - which initially tied the bank rate to the country's unemployment rates - after a sharp fall in jobless numbers took the central bank by surprise.
The Bank of America manager who fired Sunny Tadjudin 'hypocritically' used the pretext she failed to share information, her lawyer said on the last day of a trial over her claim for bonuses of $3.7m.
Goldman Sachs promoted five senior executives to the management committee, including the heads of equity and credit trading, in the largest addition to its top leadership group since 2008.
Getting ready to quit your job ? Some economists think you're a sign that the recovery is in full gear. But that may not be so.
Federal Reserve Chair Janet Yellen defended the central bank's policy course, saying the central bank was trying to be as consistent as possible considering the difficulty of the task at hand.
JPMorgan’s asset-management division has promoted James Peagam to head of global insurance solutions, an operation that oversees $78bn of client funds.
Two former JPMorgan bankers agreed to pay about $326,000 to settle U.S. Securities and Exchange Commission charges that they paid millions of dollars to close friends of Jefferson County, Alabama commissioners in order to win $5bn of municipal bond and swap business.
Convicted fraudster Tom Hayes’ lawyers argued in court that his 14-year sentence for Libor manipulation is excessive as there is no need to treat the punishment as a deterrent to others.