Toyota agreed to pay $1.2bn on Wednesday to end a US criminal investigation into misleading statements the car company made about safety issues in Toyota and Lexus vehicles after a series of crashes.
Coffee drinkers, rejoice! Or have another cup of joe, anyway.
The financial world has been rattled by a rash of apparent suicides, with some of the best and brightest among the finance workers who have taken their lives since the start of the year.
Wells Fargo, which reported more profit than any other U.S. bank in 2013, left CEO John Stumpf’s annual compensation unchanged at $19.3m.
Jerome Kerviel, the former Societe Generale trader who brought the bank to the brink of collapse in 2008 by placing bets worth $69.5 billion has been sentenced to at least three years in jail but will shed the title of 'most indebted man on earth' after six years of legal battles.
JPMorgan Chase will sell its physical commodities unit to Mercuria Energy Group Ltd. for $3.5 billion, ending a five-year foray into owning and storing raw materials amid pressure from regulators to leave the business.
New York Attorney General Eric Schneiderman is taking aim at high-frequency trading, or what he calls 'insider trading 2.0'.
An investment vehicle for the virtual currency bitcoin has gained backing from some prominent investment firms, according to its parent company Pantera Capital Management.
Getting the house in order.
Bank of Montreal said it still considers its $1.2bn takeover of F&C Asset Management 'attractive' even after the U.K. money manager disclosed a key client will pull more money from its funds.