Former Spanish PM Jose Luis Rodriguez Zapatero has said the problem with the euro zone is that its monetary policy was designed to aid Germany.
Scotland's campaign to break ties with the rest of the U.K. will kick off in earnest this week with the launch of the pro-independence campaign - but the economic implications of going it alone are still being fiercely debated.
Stronger consumer spending and a long-awaited pickup in investment were the driving forces behind Britain's economic growth during the third quarter, according to government data.
Slowing price growth in Europe is likely to reverse, according to one ECB official, adding that the central bank is ready to tackle any possible disinflation.
Stamford police were kept busy downtown Monday when more than a dozen individuals were taken into custody for causing disturbances at various locations relating to UBS in protest of their mining operations in the Appalachian mountains.
In a dreary sign of economic doldrums, more than six in 10 workers worry that they will lose their jobs, according to a Washington Post-Miller Center poll.
The hedge-fund analysts vacationed together in the Hamptons, gambled in Las Vegas and adopted a creed that parodied the rules in the Brad Pitt film 'Fight Club'.
Citigroup failed to persuade a judge that Abu Dhabi Investment Authority was barred under an agreement with the bank from seeking arbitration over $2bn in claims the emirate’s entity already pursued and lost.
UBS offered to repurchase some shares of its Puerto Rico bond funds after the commonwealth’s debt has lost more than 16% this year.
UBS has revamped its debt capital markets business, launching an 'Event Driven Team' for its corporate business and merging its financial institutions liability management and capital solutions teams.
Oil prices have slumped by 5% after the latest attempt by Saudi Arabia to kill off the threat from the US shale industry sent crude to its lowest level since the depths of the global recession almost seven years ago.
More than 400 bankers are likely to be axed at the US investment bank Morgan Stanley, which is streamlining its bond-trading business amid a worldwide downturn in fee income.
A New York City man claiming to be an experienced hedge fund manager was convicted Friday for stealing over $800,000 from at least 17 investors, according to a statement from New York Attorney General Eric Schneiderman.