BNP Paribas has almost completed an internal review into dollar payments that may have been made in breach of U.S. economic sanctions, saying it will now present its findings 'in the near future'.
It's a squeeze.
Currency dealers in London gave information about client orders to day traders who then made bets on their behalf, sidestepping restrictions on personal trading, three people with knowledge of the practice said.
Bank of America exceeded $15.06 Tuesday, the price on the day before Brian Moynihan became chief executive officer almost four years ago.
Morgan Stanley’s talks to unload its commodities business are heating up against after months of fruitless negotiations with potential buyers.
JP Morgan agreed to pay a record $13bn to settle legal charges related to its mortgage business on Tuesday, ending months of tense negotiations with the US Justice Department.
China may not have the most billionaires, but it does have the youngest.
JPMorgan Chase, which is planning to break up its buyout unit, is in talks to sell about $4bn of private-equity stakes to an investor group, said three people familiar with the situation.
Amid a $95 billion sale of Boeing 777s announced at the Dubai Airshow this week-the biggest combined order in the manufacturer's history-questions are being asked about where the airliner will be built.
Maybe you shouldn't hold a Twitter Q&A with an executive who's never tweeted and more lessons from the JPMorgan Twitter #DISASTER.
British manufacturers enjoyed a recovery in output and new orders last month, according to a survey that will raise hopes the sector is finally shrugging off its recession.
UBS’s decision three years ago to close debt-trading desks, slash risky assets at its investment bank and concentrate on managing money for the wealthy helped make it a favourite among investors.
BNP Paribas is being sued by the trustee of a $650m Islamic finance transaction who said the deal was rendered worthless because the bank didn’t get a proper signature from the Saudi businessman behind the deal: Saad Group Chairman Maan al-Sanea.