Credit Suisse's headquarters in Germany was one of the offices raided by German authorities last month as part of an investigation into insider trading, a spokeswoman for the state prosecutor's office in Stuttgart said.
Jerome Kerviel’s quixotic quest for redemption has won him at least one convert.
DBS Group Holdings has agreed to buy Societe Generale’s Asian private banking business to bolster market share in a region where millionaires’ wealth may top North America this year.
Pay for bankers and top executives has become "a bit of a Ponzi scheme" and most of them would do the work for half the money, Ed Balls, the shadow chancellor, has said.
The scale of Britain's growing inequality is revealed today by a report from a leading charity showing that the country's five richest families now own more wealth than the poorest 20% of the population.
MtGox continued trading for at least two weeks despite knowing that it did not hold enough bitcoins to return every customer their money, according to a deposition from the CEO of the embattled bitcoin exchange.
Youth, talent and drive trumps experience.
Young son made the tragic decision to take his own life.
U.S. bankers who vowed last year to boost profit by shrinking expenses are finding costs don’t always stay cut.
UBS raised total compensation for CEO Sergio Ermotti by 21% to $12.3m after the bank returned to profit last year.
It’s been coming on for quite some time, but in the last five years particularly, there has been rapid growth in virtual working. For employers however, there is still some reluctance to embrace the concept, despite the fact that virtual workers are often far more cost-effective and can lead to an increase in productivity.
Firms in the UK are increasingly worried their own employees are going to commit fraud against them with internal threats main concerns, a survey from EY has shown.
Wall Street's biggest dealmakers will be showered with big bonuses this month but many other bankers face a lean year as executives seek to retain top talent while at the same time try to keep a lid on costs.