Jamie Dimon was talking about the business climate, not the polar vortex that gripped much of the U.S. this winter, when he mentioned 'weather' in a discussion about a slump in trading revenue at JPMorgan.
Martin Lack became the fourth ex-UBS banker to plead guilty to aiding wealthy Americans evade taxes, admitting that for 17 years he helped U.S. clients maintain secret overseas accounts.
The woman who ran Bernard Madoff’s fraudulent investment advisory business broke into tears as she told a jury how the con man shouted and threw her out of his office for trying to retire in the mid-1990s.
JPMorgan is moving about 2,000 employees to offices in Brooklyn’s MetroTech Center after a review of its real estate holdings, said a person with direct knowledge of the plan.
The not-safe-for-work hijinks portrayed in "The Wolf of Wall Street" seemed larger than life -
London's reputation as the divorce capital of the super-rich has been earned through a number of headline-grabbing, hefty settlements being set in its courts - but the era of wealthy divorce tourists flocking to the U.K. may be coming to a close.
Royal Bank of Scotland plans to pay £588m in staff bonuses despite suffering an £8.24bn loss for last year.
Senators have called on the US justice department to force the Swiss banking group Credit Suisse to hand over the names of thousands of US citizens who used its accounts to evade taxes.
BNP Paribas co-heads of fixed income in the Americas, Kip Testwuide and Christian Mundigo, are being replaced by Bob Hawley, who now leads the business in the Asia-Pacific region.
Mergers between U.S. banks could hit the highest level in a decade this year, Rafferty Capital's Richard Bove told CNBC on Thursday.
Wall Street giant JP Morgan seems to have weathered market volatility, with revenues and profits both up from last year. Share price was up 2.02 per cent in pre market trading in New York, to $58.50.
Former Barclays currency trader Chris Ashton lost a complaint over whether he had been improperly identified in settlements related to the foreign-exchange scandal, handing the U.K. financial regulator its first win in a series of disputes over the issue.