Computer glitch has led to four employees being placed on administrative leave.
Jamie won't be best pleased.
Former Treasury Secretary (and Goldman CEO) Hank Paulson said: 'There was such a total lack of awareness from the firms that paid big bonuses during this extraordinary time', when discussing the financial crisis from 2008.
Bank of America's lawsuit against the Federal Deposit Insurance Corp over $1.7bn in investor losses was dismissed by a federal judge.
JP Morgan is reviewing its correspondent banking unit and not taking on new business from foreign lenders after regulators identified deficiencies in its anti-money-laundering procedures.
Sad to report.
Is it possible to literally work yourself to death ?
Glitch led to erroneous options trades.
An influential group of MPs has demanded a break-up of Royal Bank of Scotland in the face of suggestions that the split faces mounting opposition.
Firm targeting 420 voluntary departures.
Goldman Sachs agreed to pay a $50m fine and accepted a three-year ban on some advisory work in New York as part of a settlement with the state’s financial regulator over the leak of Federal Reserve documents.
Deutsche Bank said trading income rose 7% in the third quarter as co-Chief Executive Officer John Cryan’s clean-up of the bank’s books leads to the largest three-month loss in at least a decade.
The Federal Reserve on Wednesday kept interest rates unchanged at their record low of near-zero, but raised the likelihood of a rate hike in December by dropping previous warnings about the fragility of the global economy.