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.
Royal Bank of Scotland has lost a bid to escape a U.S. regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying $32bn of mortgage-backed securities ahead of the financial crisis.
RSA Insurance has accepted a provisional £5.6bn bid from its bigger rival Zurich, following a month of manoeuvring by the two companies.
Carnage in financial and commodity markets may be painting a doomsday picture for the world economy, but the threat of a global recession is low, says Goldman Sachs, which advocates remaining overweight developed market equities over the next six to 12 months.