Mathew Martoma, the latest employee of Steven A. Cohen's SAC Capital Advisors to face trial on insider trading charges, lost a bid on Friday to delay his trial, which is scheduled to start on January 6th.
Aerospace and defense group Rolls-Royce said Britain's Serious Fraud Office (SFO) had started a formal investigation into concerns raised a year ago about bribery and corruption in overseas markets.
It's tough at the top.
The company behind the ubiquitous iPhone and iPad is famously secretive, but there a few little known facts about the California-based company.
The number of suspicious trades reported to the City regulator has rocketed in the last year, according to official figures.
South Korea’s financial regulator ordered Citigroup and Standard Chartered’s units to investigate allegations that staff members or contract workers sold client information to private lending agents.
Greenwich University’s student team finished first in the 2013 University Trading Challenge held at Greenwich University on December 12nd 2013.
The business secretary, Vince Cable, has warned that interest rates may have to rise to constrain a "raging housing boom" in London and the south-east.
Morgan Stanley has announced a definitive agreement to sell the Global Oil Merchanting unit of its Commodities division to a 100% subsidiary of Rosneft Oil Company. Financial terms of the transaction were not disclosed.
Deutsche Bank has announced that it has reached an agreement to resolve its residential mortgage-backed securities litigation with the Federal Housing Finance Agency (FHFA) as conservator for Fannie Mae and Freddie Mac. As part of the agreement, Deutsche Bank will pay $1.9bn.
Regulations surrounding bankers' pay, particularly the EU bonus cap, have lead to fixed salaries representing a higher proportion of total pay packets, meaning financial institutions are less capable of reacting to a downturn, the Bank of England has warned.
Could be 'even worse than 2008 during the financial crisis'.