The French president Francois Hollande appeared the eternal optimist on Sunday when he told the nation that France was "in recovery" despite economic evidence to the contrary, prompting analysts to say Hollande was refusing to face up to the country's economic reality.
Lawyers for the former Goldman Sachs trader accused of duping clients into buying bad mortgage bonds argued Monday that his incriminating emails were "old-fashioned love letters".
The row over bankers' pay has been reignited by data showing that more than 2,400 bankers in the City were paid in excess of €1m (£870,000) in 2011.
The Serious Fraud Office has charged two brokers with conspiracy to defraud as part of its ongoing investigation into the rigging of Libor.
Citigroup posted a 42% rise in second-quarter earnings on Monday as the bank cut costs and profited from its growing international lending operations.
A black man tried to help a drunk white guy who stumbled into his table at a West Village, New York restaurant - but wound up knocking him out cold for shouting a racist slur, cops said.
JPMorgan Chase posted a 31% increase in second-quarter earnings on Friday after underwriting income jumped and bond trading revenue rose.
Credit Suisse has hired CIMB Group's head of Australian energy research Mark Samter, according to two people familiar with the matter.
It’s often the case that when someone doesn’t want to talk about something, it only invites more questions.
Everyone wondered how long it would take for Wall Street to jump into the ring once they found out former New York Gov. Eliot Spitzer was running for public office again.
UBS has prevailed against an investor's multi-million-dollar arbitration claim for losses tied to the firm's Puerto Rico bond funds, following a string of investor victories.
A former foreign exchange trader claiming he was unfairly dismissed by Citigroup said the sharing of client information looks wrong now it has come under scrutiny from regulators, but was condoned by senior management at the time.
Some of Wall Street’s biggest financial institutions - including Goldman Sachs, JPMorgan, Citigroup and HSBC - have agreed to a $1.87bn settlement to resolve allegations they conspired to limit competition in the lucrative credit-default swaps market.