In the end, what have we learned from JPMorgan’s $7.1bn 'London Whale' trading debacle?
Steve Schwarzman said his decision 19 years ago to sell what would become the world’s largest money manager was a 'heroic' mistake.
Ex-Jefferies Managing Director Jesse C. Litvak has asked a federal judge in Connecticut to throw out charges that he defrauded customers of more than $2m on trades of residential mortgage-backed securities.
The appetite for risk among Britain's big businesses is at its highest since before the financial crisis and companies are finally ready to start spending their cash piles, according to the latest upbeat survey on the UK economy.
Citigroup is poised to be the next U.S. bank to attract legal and regulatory scrutiny as JPMorgan looks to settle a host of probes, according to an analyst at Portales Partners.
As many as 7,000 Swiss private banking jobs could be culled if European regulation aimed at improving market infrastructure goes ahead as planned.
Sipping coffee, a group of advisers to Asia's wealthy sit in pairs in a Hong Kong training room of Swiss bank UBS, trying to solve a riddle.
Lately it seems that Jamie Dimon, CEO of JPMorgan Chase, cannot catch a break.
A year after his ouster as Barclays' chief, Bob Diamond told CNBC on Friday he's bullish on the bank.
Russia's isolated banking sector is hoping for a swift end to sanctions and capital flight, the chief executive of one of VTB Capital told CNBC.
Bank of America Merrill Lynch (BofAML) has been recognised by EMEA Finance magazine, a leading industry trade outlet, in its 2015 Treasury Services Awards, winning three accolades for treasury and FX services across the region:
Fortress Investment Group expects to shutter its macro hedge fund and trader Michael Novogratz will leave the firm, sources close to the firm told CNBC.