Bank of England officials knew of concerns the foreign-exchange market was being manipulated as early as July 2006, more than seven years before regulators opened formal probes into alleged rate-rigging.
As parts of America are experiencing their worst winter in 30 years, the severe weather has taken its toll on the US’s economic recovery, the Federal Reserve said Wednesday.
Even as StanChart posted an 11 percent on-year decline in pre-tax profit for 2013, the bank's Asia CEO said it had still been a relatively good year.
Bailed-out Lloyds Banking Group and Barclays have handed their bosses almost £1m in shares to sidestep the new rules from Brussels which are intended to clampdown on bankers' pay.
For Singaporeans, news that they live in the world's most expensive city is not a surprise but how pricey Singapore is remains the subject of debate.
Honeywell CEO David Cote also reaffirmed the company's first quarter and full-year 2014 outlook-in a CNBC interview Wednesday, ahead of the company's investor conference.
An private banker who stole nearly £600,000 from wealthy clients to fund his gambling habit has been jailed for two years.
Remaining anonymous as he posted on Twitter under the handle @GSElevator was simply a 'device', John Lefevre said on Tuesday, that allowed him to paint a broader picture of life on Wall Street.
London has held on to its crown as the favourite city of the global elite, but has New York and Asian cities snapping at its heels.
Economics Ph.D. student Fabrice Tourre, a former Goldman Sachs trader found liable for fraud, will no longer be teaching undergraduate economics this spring.
Milan prosecutors accused six former and current Deutsche Bank executives, including Michele Faissola, Michele Foresti and Ivor Dunbar, of colluding with Banca Monte dei Paschi di Siena SpA to falsify its accounts, manipulate the market and obstruct the activity of authorities.
Bank of America Merrill Lynch has named Elif Bilgi Zapparoli as its new co-head of corporate and investment banking for the Asia Pacific region, according to an internal memo seen by Reuters on Thursday.
Gold prices started 2016 with a glimmer, rising to two-month highs in the wake of the Chinese stock market rout and the ripple effects it caused in European and US markets.