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.
UK households and businesses face electricity blackouts in just a few years say two of the country’s leading energy experts.
It's tough out there.
Most corporate annual reports specialize in self-promotion and accentuating the positive. But the 2012 annual report of Barclays reads like a mea culpa.
Karen Finerman responds to Paul Tudor Jones' comment that it's difficult for mothers to become traders because connecting with a child is a "focus killer."
A former JPMorgan Securities analyst was arrested and charged in an alleged insider trading scheme that netted more than $600,000.
European Union antitrust regulators are investigating precious-metals trading following a U.S. probe that embroiled some of the world’s biggest banks.
The new head of Barclays' Swiss unit is pushing private bankers in Geneva and Zurich to double client assets in four years as international competitors exit the world’s largest hub for offshore wealth.