Deutsche Bank announced Thursday that it has reached a settlement with Kirch Group to conclude all legal disputes between the two parties.
Another currency trader at Royal Bank of Scotland has been suspended as regulators around the world continue their investigation into potential rigging of the £3tn a day foreign exchange market.
There is an old City adage about one occurrence being a fluke, two a coincidence and three a trend. If the platitude is true, the financial markets can feel fairly confident of at least one thing at present: they are seeing a consistent pattern.
The U.K.'s largest pet products retailer, Pets at Home, has become the latest home-grown company to come to the market, in what is set be the biggest year for IPOs in the U.K. retail sector in a decade.
Former Jefferies Managing Director Jesse Litvak defrauded investors of $2m using a U.S. bank bailout program to earn illegal profit for the firm, prosecutors said at the start of his trial.
Storage company Shurgard has revealed that three quarters of Brits say property prices mean they cannot afford the space they need.
A 33-year-old JPMorgan investment banker leaped to his death Tuesday from the roof of the bank’s 30-story Hong Kong office.
Citigroup won dismissal of a lawsuit by former Wall Street banker William Salomon, son of the founder of Salomon Brothers, who blamed the bank for his personal secretary’s theft of more than $1m.
As Credit Suisse sees it, time has run out on New York Attorney General Eric Schneiderman’s pursuit of Wall Street banks for mortgage fraud that helped trigger the financial crisis.
David Einhorn has filed a lawsuit seeking to unmask the identity of an anonymous financial blogger who, he says, disclosed that Einhorn’s hedge fund was buying shares in a technology company.
Has Ziggy Stardust finally gone for real ? Music icon David Bowie is said to have died Sunday, just days after his 69th birthday and the release of his latest album.
When the European Central Bank announced a smaller-than-expected stimulus plan last month, Brevan Howard, one of Europe’s largest hedge funds, was one of the biggest casualties. Its master fund is said to have lost $670m after misreading the runes.
The second-in-command at Standard Chartered stands to receive a pension worth almost £500,000 a year when he leaves the emerging markets-focused bank at the end of 2016.