It’s not an obvious time for it, with the negative news surrounding the largest bank in the United States, but J.P. Morgan Chase is trading at its highest-ever level under Chairman and CEO Jamie Dimon.
Jefferies Bache is to quit its presence on the London Metal Exchange's open outcry floor as it shifts its membership to category two or broker clearing member of the exchange, the LME said on Monday.
The Governor of the Bank of England (BoE), Mark Carney, has agreed to review whether the bank should have more power over leverage ratios at U.K. banks, building societies and law firms.
The past weeks have seen a surprising meeting of minds between chairman of the US Federal Reserve Ben Bernanke, the Bank of England, the Olympic-rowing and Zuckerberg-bothering Winklevoss twins, and the US Department of Homeland Security.
Tommy Suharto, the son of Indonesia's late president, has contacted the Serious Fraud Office in London to deny allegations that he was bribed by Rolls-Royce to persuade an Indonesian airline to buy the UK company's engines.
The European Union (EU) plans to close a loophole that allows companies to slash their tax bills by setting up offices in softer tax regimes, amid rising anger over the practices of multinationals such as Google, Amazon and Starbucks.
Mirroring Cleveland, not Mountain View, Calif., may be a more realistic way for developing economies to encourage entrepreneurship.
Cheer has returned to London's initial public offering (IPO) market, but investors may want to watch out for froth as they crack open the champagne.
It's one of the largest wealth migrations of our time: hundreds of billions of dollars, and waves of millionaires flowing out of China to overseas destinations.
George Soros’s firm pulled almost $500m from an account run by Bill Gross, money it invested last year after the bond manager left Pacific Investment Management Co. to run a new fund at Janus Capital Group, according to a person familiar with the matter.
The Volkswagen diesel emissions scandal has deepened after US authorities accused the carmaker of installing defeat devices into luxury sports cars including Porsches.
Evercore Partners have announced that Evercore, Mizuho Bank, and Mizuho Securities have extended their mergers and acquisitions cross-border alliance for an additional three year period and expanded it to operate on a global basis.