Tom Hayes, a former trader at UBS and Citigroup pleaded not guilty to conspiring to manipulate Libor in the first prosecution stemming from a global investigation into rate rigging.
Bernard Madoff’s right-hand woman for four decades, who’s on trial for allegedly aiding his $17bn fraud, overheard the same lies for years about her boss’s wealth that tricked everyone else, a jury was told.
Raoul Weil, the former head of UBS’s global wealth management business, was granted $10.5m bail after appearing in a U.S. courtroom for the first time to face charges that he helped Americans evade taxes.
Jefferies has announced financial results for its fiscal fourth quarter 2013.
U.S. securities regulators are seeking more than $1m in fines and other payments from Fabrice Tourre, the former Goldman Sachs salesperson found liable for defrauding investors in one of the government's highest-profile civil cases stemming from the financial crisis.
The political row over falling living standards in the UK was stoked on Tuesday as it emerged that earnings-squeezed and pension-poor Britons born in the 1960s and 70s need inherited wealth to be better off in retirement than people born in earlier decades.
Royal Bank of Scotland has cancelled one of the final pieces of the multi-billion pound bailout package put in place five years ago as part of its $74.9bn taxpayer-funded rescue.
Ever wonder what Santa would actually earn for his hard work around the holidays? Here's a breakdown by Insure.com.
U.S. authorities are investigating whether JPMorgan Chase tried to impede their investigation of the Bernard Madoff Ponzi scheme, CNBC has learned.
An ex-Deutsche Bank trader seeking a $7.6m bonus should have his 'hopeless' case thrown out before it gets to trial, lawyers for the bank said.
Royal Bank of Scotland may have to deepen cost cuts at its investment bank to boost profitability, said analysts at Citigroup and Jefferies International.
I wanted to write a book about bankers because finance seems to have replaced politics, with democracy beginning to feel like a system that allows voters to decide which politician gets to implement what “the markets” dictate.