Jamie Dimon likes to point out that JPMorgan was 'a port in the storm' during the financial crisis, but five years later, the bank now finds itself under the cloud of what could be one of the largest fines in U.S. history.
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.
It hasn't been a banner year for the Oracle of Omaha .
The Financial Conduct Authority has said it is prepared to intervene to increase competition and reduce charges to the 25 million customers of Britain’s £6.6tn investment management industry.
UBS will shift the heads of its onshore China investment-banking unit from Beijing to Hong Kong, while its offshore advisory head for the country Jiang Guorong will move in the opposite direction, as the bank tries to more closely integrate its Chinese businesses.