Credit Suisse will stay 'very active' in government bonds after shrinking some parts of its fixed-income business because its customers demand access to those markets, its head of European rates trading said.
Morgan Stanley is set to take the top spot in Japanese mergers and acquisitions for the first time in 16 years, a sign the U.S. firm’s three-year-old tie-up with the bank is paying off.
UBS has said Chris Vogelgesang will step down as co-head of foreign exchange and precious metals as the bank merges the unit with rates and credit amid regulatory probes into currency markets.
Why are we giving Bitcoin house room? Surely it is akin to a counterfeiting scam promoted by people who like the idea of their computer making them rich without lifting much more than a finger?
After a rocky year for India's economy, the worst may finally be over and a steady acceleration in growth can be expected soon, says Goldman Sachs.
Data showing inflation in Japan hit a new five-year high in October is news to cheer for sure. But it may take more monetary stimulus for inflation to hit the levels the Bank of Japan wants to see, analysts say.
Bitcoin’s recent meteoric rise in value to over $1,000 has shone the spotlight on alternative currencies, but bitcoin is not the only new digital currency vying for relevancy in 2013.
Former SAC Capital Advisors tech analyst Jon Horvath testified he was afraid he would lose his job if he didn’t come up with illicit stock tips for his boss, Michael Steinberg.
Here's the memo:
A former Bernard Madoff aide advised her staff not to tell people at the 2008 company Christmas party about cheques totalling hundreds of millions of dollars written to firm insiders as Madoff’s fraud was unravelling, a jury was told.
The Federal Trade Commission is cracking down on debt collectors that “bullied, intimidated or scared” consumers into paying debts they didn’t owe or had already paid off, Illinois’ state attorney general said on Wednesday.
JCB has announced up to 290 job cuts in a move that leaves more than 10% of the workforce at one of Britain’s biggest manufacturers facing redundancy.
The Japanese electronics company Toshiba is bracing for huge losses as it counts the cost of an accounting scandal.