She is a woman in her mid-30s, not British, who goes by the name of Nyla Nox, but worked in banks under a different name. She requested no further details be given.
UBS's French unit has boosted revenue by 10% in the first half as it returns to profit, and is cooperating with legal authorities who penalized the bank for failing to prevent tax fraud, according to its top executive.
Paula Ramada, who has a doctorate in economics from the Massachusetts Institute of Technology, says she can calculate how much investors lost from banks’ alleged rigging of benchmark interest rates. Now all she needs is funding, a team of analysts and weeks to run the numbers.
The American businessman who said he was being held hostage by his factory employees in China over a pay dispute has been released.
Former Enron Chief Financial Officer Andy Fastow-who developed many of the structured finance transactions that are often blamed for the energy giant's epic 2001 collapse-says the bankruptcy could have been avoided.
Finance ministers from the European Union reached a deal in the early hours of Thursday to set up rules about who would have to foot the bill for any future bank bailouts to avoid costs to tax payers.
Britain and other member states have agreed with the European commission on new regulations that would see lifetime bans for traders and fines of up to 15% of their annual turnover for companies if they are caught rigging markets.
London's position as an international destination for wealthy property hunters and workers from far and wide is well known.
While nearly a third of Britons questioned in a poll said they had heard of Bitcoin, many of those who are aware of it (38%) think it will be the currency of the future.
Dick Fuld, Sandy Weill, Jimmy Cayne, Bernie Madoff, Jamie Dimon, John Mack, Hank Paulson, Bob Diamond. Some crackers here.
Deflation is not a large threat in 2015, the head of Italy's central bank told CNBC, but warned of "very, very low inflation" ahead.
Two of Britain’s largest housebuilders, Berkeley Group and Persimmon, could hand out about £1bn to their top executives and managers in pay and bonuses over the next six years, boosted by strong UK house prices and government-subsidies for home-buyers.
The economic downturn in China has compounded pressures on UK manufacturers and hit their output and exports, a leading business group will warn on Monday as it slashes its outlook for the sector.