With news that authorities seized assets of the world's largest bitcoin exchange, traders and other people interested in digital currency are looking nervously at the future. CNBC outlines possible next steps.
The hunt is on for the author of a totally inappropriate 'congratuatory' letter which has been sent anonymously to a recently-promoted Director and several of her top firm colleagues at an investment banking unit in New York.
Bill Gates is once again the world’s richest person.
Senior bankers at UBS have raised concerns about using Bloomberg and other external chat groups to share confidential information about clients, in the latest sign of banks clamping down on online security.
Almost three years ago, when Goldman Sachs paid $550m to settle fraud accusations by the Securities and Exchange Commission, one of the claims was that Goldman misled the bond-insurer ACA Financial Guaranty in a horribly complex deal named Abacus.
As JPMorgan Chase’s Jamie Dimon prepares for a vote Tuesday on whether he should keep his chairman and chief executive officer titles, he may take comfort knowing most of his biggest shareholders are led by men with the same dual role.
Bernard Madoff once had billions of dollars, but now he makes $40 a month doing menial prison labor.
Danielle Chiesi, the 47-year-old securities analyst who pleaded guilty to securities fraud in the biggest U.S. insider-trading crackdown, is back in town.
If you work for an investment bank, you may feel that a grandiose job description is your due - but be careful.
Nearly a year ago, James Gorman sat in a chair on his firm's trading floor, clipped on a microphone and stared into a camera. For Morgan Stanley's CEO, it was Facebook judgment day.
Citigroup agreed to sell its Alternative Investor Services business to SS&C Technologies Holdings, a provider of software and investment services to the finance industry, for about $425m.
There has been no shortage of disturbing trends in Asian foreign exchange markets this year, even before China shocked traders last week with its unilateral devaluation of the yuan.
Anthony J. Albanese, Acting Superintendent of Financial Services for the State of New York, issued the following statement on an agreement between the Department of Financial Services (DFS) and Promontory Financial Group, LLC.