Virtual currency bitcoin received some good news on Friday with one of the most prominent exchanges in the world resuming trading after a clampdown by the People's Bank of China (PBoC) in December.
Here's the latest investment banking weekly scorecard from Thomson Reuters:
State Street UK has been fined £22,885,000 by the Financial Conduct Authority (FCA).
Goldman Sachs, hedge fund billionaire John Arnold and other philanthropic partners funded the largest ever social impact bond Wednesday, a $27 million effort to prevent young men in Massachusetts from going back to jail or prison.
A New York money manager who once worked with personal finance guru Suze Orman has settled charges with the Securities and Exchange Commission that he allegedly misled investors about his success through 140-character tweets and an email newsletter to 60,000 subscribers.
Better than expected inflation data out of Japan has put its central bank's 2 percent inflation target well within sight, analysts told CNBC.
The Libyan Investment Authority said Goldman Sachs made about $350m on derivatives trades that it described as 'worthless.'
Bank of America's Countrywide unit should pay the maximum penalty of $2.1bn for defective mortgage loans it sold to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, federal prosecutors told a judge in a court filing.
Shares of U.K. bank HSBC briefly surged 9.8 percent in morning trade on Thursday, with market watchers blaming a trading error for the move.
Citigroup will require junior bankers to take Saturdays off and use all of their vacation time each year as the firm joins an industry effort to improve working conditions.
Legg Mason, the global asset manager, is in exclusive talks to buy a majority stake in real estate investment specialist Clarion Partners in a deal that would value the company at about $850m, people with knowledge of the matter said.
Announced Emerging Markets M&A Up 42% Over 2014 | High Technology Most Active Industry | Average EBITDA Multiples at 15.6x
Barclays is to close its Indian equities business as part of efforts to cut costs and boost profit, two sources with direct knowledge of the plan said on Monday.