Deutsche Bank was sued for wrongful termination by four traders fired in the bank’s probe into alleged rigging of interbank lending benchmarks such as Euribor, two people familiar with the matter said.
Throughout Tuesday morning, as the thermometer neared 100 degrees outside the Manhattan federal courthouse where former Goldman Sachs VP Fabrice Tourre is being tried for securities fraud, jurors could be seen struggling to pay attention to the complex testimony.
At 77 years old, Carl Icahn is at the most active and successful point of his storied career on Wall Street.
Bank of America, the second-biggest U.S. bank by assets, reported a 70 percent rise in second-quarter profit, helped partly by lower operating expenses.
Irish people rang the German Embassy in Dublin to apologise over the behaviour of Anglo Irish bankers who made jokes on tape about getting billions of euros from the Federal Republic to rescue their debt-ridden bank.
The Bank of England's monetary policy committee voted unanimously against increasing its bond-buying program this month, in a change from previous months, minutes of new governor Mark Carney's first meeting revealed on Wednesday.
Forbes magazine has released its list of the world's most profitable firms.
The Federal Energy Regulatory Commission (FERC) Tuesday ordered Barclays Bank and four of its traders to pay $453m in civil penalties for manipulating electric energy prices in California and other western markets between November 2006 and December 2008.
Here's ten more weird facts about money from Firmex.
Though Goldman did well compared with last year, its core activities contracted from first-quarter 2013. Shrinking business is not a good sign.
Preparing for a possible stampede, the Irish discount retailer Primark had set up row upon row of crowd control barriers in front of its flagship Boston store – its first in the US. It didn’t need them.
Bank of America CEO Brian Moynihan was granted the additional title of chairman by the company and the board last year even though shareholders had voted five years earlier to separate the positions.
George Osborne has received a new warning about the potential impact of his new tax on banks amid concerns it will impede new entrants to the sector.