Stephen Williamson has conjured up quite a storm of controversy with his claim that quantitative easing could be deflationary. Here's why he's wrong.
M&A activity looks to pick up. Debt markets should expand. Clients may stop nagging about fees. What's not to like ?
After eight years of legal tussles, a federal judge Friday approved a record $160 million settlement in a racial bias suit against Merrill Lynch brought by black brokers.
Barclays ran a proprietary trading fund that profited from the bank’s attempts to manipulate benchmark interest rates, the plaintiff in the U.K.’s first lawsuit linked to Libor misconduct said.
Speadsheets and emails.
Bob Diamond, one of the most controversial bankers to emerge from the financial crisis and the man ousted as boss of Barclays after a direct intervention by the Bank of England, is making a dramatic return to the City with the launch of a new Africa banking business.
Just off the M1 near Leeds, there's a British-owned company that turns out 300 sports and racing cars a year. The perfect boys' toys, they will set you back up to £240,000.
There is only a small risk that the U.K. will leave the European Union and the country remains committed to reforming and improving its relationship within the continent, the U.K. Business Secretary Vince Cable said on Friday.
J.P. Morgan's alleged failure to file a key federal document more than five years ago is emerging as a critical component of a Justice Department investigation into whether the bank provided adequate warnings about the fraud of Bernard Madoff, people close to the probe said.
Citigroup has hired Nomura’s Brent Donnelly to trade currencies in New York, according to a person with direct knowledge of the matter.
European M&A activity hits $850.4 billion up 22% compared to a year ago
'I recognize the gravity of my mistake'.
A Royal Bank of Scotland executive told a hedge fund client as early as August 2007 that banks were setting Libor rates to support their own trading, according to evidence from a U.K. lawsuit alleging that RBS’s misconduct has yet to be fully exposed.