Bloomberg reports that Juerg Buergin, a former UBS Executive Director of operations sentenced to prison for having s.x with an underage prostitute in Singapore, has filed an appeal of his conviction, his lawyer said.
Royal Bank of Scotland could be poised to release potentially lucrative bonuses to a handful of top bankers from a share-based scheme put in place three years ago.
A former BlackRock fund manager was arrested April 30 as part of an insider trading probe by the U.K. Financial Conduct Authority (FCA), two people familiar with the matter told Bloomberg.
ICAP CEO Michael Spencer said an internal probe into allegations brokers manipulated ISDAFix, the benchmark for the $379 trillion swaps market, found no evidence of wrongdoing.
Sony, the Japanese electronics and entertainment giant, is facing an audacious breakup attempt in a battle that could rock the staid Japanese corporate world.
Although Bloomberg is under fire for a privacy breach that allowed journalists to monitor some proprietary activity on the company's ubiquitous terminals , CNBC's Jim Cramer said Monday that Wall Street firms probably won't ditching the service.
Lazard Capital Markets, the closely held brokerage controlled by current and former Lazard employees, is exploring strategic options including a sale or joint venture, according to a spokesman.
Level Global Investors co-founder Anthony Chiasson was sentenced to 6 1/2 years in prison for using illegal tips funneled to him from analysts and company insiders to make $68 million for his hedge fund.
Three out of four whistleblowers who raise concerns of wrongdoing at work with their managers have their claims ignored, an analysis of cases has found.
The "best and the brightest" students are being put off a career in banking because of the stigma attached to the industry, the boss of Lloyds Banking Group haswarned.
Britain’s failure to create sufficient high-skilled jobs for its rising proportion of graduates means the money invested in education is being squandered, while young people are left crippled by student debts, warns a new report.
The New York Times was too quick to rush to judge Amazon's corporate culture, says career coach Marie McIntyre.
The valuations of so-called Unicorns—private companies worth $1 billion or more—are quite high, pioneering tech and media investor Alan Patricof said Tuesday.