The trustee seeking to recover money for the victims of Bernard Madoff’s Ponzi scheme asked the Supreme Court on Wednesday to review a ruling that prohibits him from suing several of the world’s largest banks that he contends aided the fraud.
Meredith Whitney, who built her own Wall Street advisory firm after winning renown for a 2007 call on Citigroup, deregistered her brokerage unit after three unprofitable years and is setting up an investment fund, according to industry records.
David Burkus is the author of 'The Myths of Creativity: The Truth About How Innovative Companies and People Generate Great Ideas'. He is the subject of our latest 60 second interview.
The Bank of England has rejected calls for a rise in interest rates despite a strong run of surveys showing the economy is recovering at its fastest pace since 2010.
Staff at this top firm may soon be having their year-end bonus expectations managed.
These words are 'too beautiful to live long, too amusing to be taken seriously and too precise to be common'. In other words, words you need to start using now.
Workers who become witnesses for the U.K. state in cases of corporate crime could be in line for payouts, under new proposals being considered.
JPMorgan has launched the sale of its physical commodities business, circulating offering documents to potential buyers and valuing the assets at $3.3bn, according to a person familiar with the matter.
Royal Bank of Scotland has handed the City regulator messages sent by one of its former traders in the latest twist in an investigation into potential manipulation of currency rates.
Pressure on Mizuho President Yasuhiro Sato mounted after Japan’s financial regulator told the bank to explain how and when top executives found out about its loans to crime groups.
The cost of renting office space in the tallest buildings in London has surged almost 11 percent in the last six months, as construction of a number of high-profile skyscrapers have been completed and occupancy rates are at multi-year highs.
Glencore's plan to knock $10.2 billion off its debt pile is achievable, the president of Rusal — the Russian metals producer which has pulled off its own massive debt cut — told CNBC.
HSBC’s London investment banking division is cutting pay by 10 percent and enforcing a two-week unpaid leave for hundreds of workers.