Agents from the U.S. Federal Bureau of Investigation met with Deutsche Bank trader Robert Wallden as part of probe into alleged manipulation of currency markets, according to a person briefed on the matter.
Michael Steinberg is 'successful, steady, serious', said a lawyer for the most senior employee at SAC Capital Advisors to be charged with insider trading.
George Osborne has received a boost as he puts the finishing touches to his autumn statement, as official figures showed stronger tax receipts from the gathering pace of the economic recovery are helping to boost the public finances.
Deutsche Bank launched a legal appeal against a German labour court ruling that forced it to reinstate four fired traders, potentially exposing the lender to new embarrassing testimony.
Credit Suisse plans to change its legal structure to improve the firm’s resolution in a crisis.
Goldman Sachs and UBS bankers said Britain could not have sold the Royal Mail postal service at its current higher price, rejecting accusations that one of the biggest privatisations in years had short-changed taxpayers.
"Bitcoin is a fraction of what it could become in terms of a global asset class," Bobby Lee, co-founder and CEO of BTC China, says.
The Bank of Japan on Thursday kept its monetary policy unchanged and repeated its view that the economy is in recovery-mode.
In politics, there's a saying about what gets you in hot water: it’s not the crime; it’s the cover-up. In the financial industry you might say: it’s not the crime; it’s the clean-up.
'Ruthless prioritization' is in order.
For investors, John Cryan’s plan to revive profit at Deutsche Bank looks too much like the strategy that contributed to his predecessor’s departure: thin on details. The shares fell the most in two months.
TPG Capital hired former Goldman Sachs executive Jon Winkelried as co-chief executive officer to expand the firm’s offerings as it contemplates going public.