Half of financial firms with an anti-corruption policy have punished employees who have breached regulations, according to a report published Thursday by Ernst & Young.
Deutsche Bank made billions of dollars of loans to banks worldwide since 2008 and accounted for them in a way that obscured their continuing risk to investors.
The news that the SEC will begin allowing hedge fund to publicly advertise has set Twitter ablaze with suggestions on for slogans. Or, as they say on twitter, #hedgefundslogans. Here are some of our favorites.
The prostitution scandal that drove him from office will not weigh heavily on voters, former New York Gov. Eliot Spitzer tells CNBC.
Hedge funds around the world saw negative returns in June to end seven months of straight gains amid a broad pull-back in equity markets, with those in Asia ex-Japan the worst hit, data from research firm Eurekahedge show.
The commodity market's "supercycle" of strong growth is waning, OPEC said on Wednesday, and it sees little upside with commodity prices currently in transition mode to slower growth rates.
Fees paid to individual banks for handling stock market flotations should be disclosed, according to an influential body of shareholders, as part of a series of proposals to overhaul the way companies raise billions of pounds a year.
The U.K.'s economy will continue to improve, but the Bank of England faces a "big challenge" to maintain that recovery while simultaneously ending its monetary stimulus program, according to the latest report from Pricewaterhouse Coopers (PwC).
Federal Reserve officials expressed concern about how well the central bank was conveying its policy intentions to a jittery investing public, according to minutes from the most recent meeting.
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