Some of the world's biggest banks have banned traders from using chat rooms following a series of allegations related to fixing rates.
Europe’s biggest banks, led by Lloyds Banking Group and Deutsche Bank, have racked up more than $77bn in legal costs since the financial crisis, five times their combined profit last year.
The euro zone's largest economy Germany might be powering ahead in terms of growth but the euro zone as a whole is heading towards a "catastrophe," one economist warned on Friday.
UBS has reached an immunity deal with European Union antitrust authorities that will spare the giant Swiss bank from further fines for manipulation of benchmark interest rates, according to people familiar with the matter.
The Securities and Exchange Commission has charged a former employee at a Silicon Valley-based semiconductor company for his role tipping non-public information used in connection with Raj Rajaratnam’s massive insider trading scheme.
Friday is the 50th anniversary of the assassination of U.S President John Fitzgerald Kennedy, and still the debate rages as to who was responsible for his death.
JFK was assassinated 50 years ago today, and conspiracy theories still abound about who was actually responsible for his death.
The former chairman of the Co-Operative Bank, one of the U.K.'s biggest retail banks, has been arrested by U.K. police as part of an illegal drugs investigation.
The perfect Christmas gift for the woman of the man who has everything!
The biggest banks in the U.K. could cut bonuses for fixed income, currencies and commodities traders by about 9% after a turbulent year for global markets, according to Emolument.com.
A British exit from the EU would have a “shock and awe” impact on the UK which would see the economy shrink and the Northern Ireland peace process threatened, according to a report by one of the main pro-European campaign groups.
Britain’s manufacturers expect 2015 to be their worst year for growth since 2009 and next year will be little better, according to a survey which highlights the dilemma that the Bank of England faces as it considers whether to raise interest rates.