If you’re a trader and your marriage is breaking down, you may want to step back from the markets. On the other hand, maybe your marriage is breaking down because you’re a trader.
Directors of Royal Bank of Scotland (RBS) have held secret talks in recent weeks about identifying a successor to Stephen Hester, casting doubt about his long-term future at the helm of the state-backed lender.
Gleacher & Co has fired Chief Executive Officer Thomas J. Hughes and Chief Operating Officer John Griff a day after the struggling brokerage’s biggest shareholder took control of the board.
Societe Generale's Russian unit Rosbank has dismissed Chief Executive Vladimir Golubkov following his prosecution for bribery and will launch a search for a successor, it said on Monday.
Standard Chartered's CEO Peter Sands denied U.S activist investor Muddy Waters' claim that the bank has taken on too much risk, saying its loan book was in a good condition and there is no change in risk appetite for lending.
HSBC suffered an embarrassing 11% shareholder rebellion against its executive pay report on Friday.
FOX Business Network’s Senior Correspondent Charlie Gasparino reports on SAC Capital founder Steve Cohen'
Notorious Ponzi scammer Bernie Madoff has told FOX Business Network's Adam Shapiro that business associates Stanley Chais, Norman Levy, Jeffry Picower and Carl Shapiro were aware of the Ponzi scheme as far back as 1987, and that Madoff called Chais, Levy, Picower, and Shapiro before telling his family about the crime.
A former regulator is joining Royal Bank of Scotland in a newly created role overseeing regulatory affairs and conduct as part of the effort by the bailed out bank to clean up its reputation in the wake of the Libor rigging scandal.
Property prices in England and Wales rose by the most in six years in May, fueling concerns that loose monetary policy and a plan to make home buying more affordable may lead to a new housing bubble.
A former investment adviser at JPMorgan Chase is expected to plead guilty in September, after federal prosecutors in New York charged him with taking at least $22m out of client accounts to use for his own purposes.
Partners at Deloitte, one of Britain’s biggest accountancy firms, will share a profit pool of £593m after a surge in revenues from its consultancy business.
Tumbling share prices.