New research into employee wellbeing in the financial sector.
Former executives at the Anglo Irish Bank broke company law and carried out lending practices that were "absolutely illegal", a Dublin court heard on Wednesday.
Recessions are costly. That was the message from the state of the nation report from the Institute of Fiscal Studies.
The UK boss of Handelsbanken – the Swedish bank lauded by the government as a challenger to Britain's big five – on Wednesday expressed his frustration that the Swedish-based bank's employee ownership scheme has fallen foul of the taxman.
Private banking and fixed income.
Morgan Stanley and JPMorgan agreed to pay $1.86bn to end U.S. accusations of misconduct in their handling of home loans and related securities that left taxpayers shouldering losses after the financial crisis.
The 2007 merger that created Bank of New York Mellon, the custody bank, failed to deliver higher profits as the company lags behind its biggest rivals, according to Mike Mayo, an analyst at CLSA.
Five former aides to Bernard Madoff are seen as facing tough odds in trying to convince a New York jury they were innocent bystanders to the con man’s $17bn fraud, given what one lawyer called the 'avalanche' of evidence produced by prosecutors.
Despite an elegant solution that involved no new commitments of resources, the US Congress has refused to take up a long-delayed funding proposal for the International Monetary Fund.
Janet Yellen has strongly indicated to Congress that Federal Reserve policymakers are likely to vote to raise US interest rates in two weeks – barring any major shocks to the global economy.
The blowout year for M&A just keeps getting bigger.
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