A top banker with the financial institution that almost bankrupted Ireland boasted that he had picked the figure of €7bn (£5.9bn) they told the Irish government was needed to rescue the Anglo Irish Bank "out of his arse".
Mutual and exchange-traded funds hemorrhaged a record volume of bonds in June, according to a fresh report by TrimTabs Investment Research, as investors fear the impact of a scaling back of the U.S. Federal Reserve's bond purchasing program.
Does it matter if you admit guilt to the SEC if you're paying the fine ? Maybe it's a matter of how big the fine is.
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If you hate your job, you're not alone.
After a decade of dealmaking at Morgan Stanley in the Middle East, Peter Fort swapped Dubai’s International Financial Centre for a career promoting investment into one of the United Arab Emirates’ lesser-known sheikhdoms.
Well, it's official! These seven people have the best jobs in the world.
The 30th running of the J.P. Morgan Corporate Challenge on the Boston Common last Thursday served many purposes on a delightful, cloudless evening.
German tax authorities are investigating Barclays over the use of legal loopholes which cut the British lender's tax bill by billions of euros, a German newspaper reported on Saturday.
Credit Suisse is to disclose the names of more of its staff to the United States authorities, who want to know who may have helped wealthy US citizens to evade taxes by moving their assets abroad.
Profits at Tesco, Britain’s biggest retailer, more than halved over the first half of its financial year, crashing from £779m to £354m.
Anheuser-Busch InBev has gone public with an increased takeover proposal to buy SABMiller for $104bn (£68bn) in an attempt to put pressure on the UK brewer’s board to form a brewing giant producing a third of the world’s beer.
Anything with a signature tie to the "King of Rock and Roll" is guaranteed to sell and one instrument could soon sell for over half a million dollars.