A Citigroup trader fired following global probes into foreign exchange market manipulation should have known that sharing confidential information with rivals was wrong, the executive who dismissed him said in a lawsuit.
Credit Suisse is courting investors to raise as much as $2bn for a fund that will buy stakes in hedge-fund firms, according to two people with knowledge of the matter.
A veteran high-speed trader’s quantitative hedge fund raised almost $1bn, bucking an industry malaise, and won the backing of JPMorgan’s investment arm.
The late Alan (Ace) Greenberg was the CEO of Bear Stearns between 1978 and 1993 and, during that time, wrote a series of humorous memos to his staff to underline the importance of certain critical business tenets.
A former senior Barclays banker claims he was unfairly dismissed after the Serious Fraud Office shared with his employer a 900-page transcript of interviews he gave to criminal investigators probing the bank, a tribunal has heard.
Months before a Credit Suisse wealth management banker was arrested in Geneva on charges of fraud and forgery, the bank considered giving him freer rein to do as he saw fit with client money.
Deutsche Bank is heading for its best annual performance in South Africa after winning a key role on the biggest beer acquisition in history.
U.K. Chancellor of the Exchequer Philip Hammond faces a $22bn hole in his budget update as the government expects further delays in disposing its stake in Royal Bank of Scotland.
Gold has continued to fall this morning on the back of yet more highs for the US dollar, reaching lows not seen since February.
T. Boone Pickens accused J. Cleo Thompson and Delaware Basin Resources of attempting to cheat him out of profits and ownership interests.
Evercore Partners’ executive chairman, John S. Weinberg, could receive as much as $35m in cash awards over five years starting in 2019 as well as about $59m of stock.
A combination of charm, callousness, and out-sized self-confidence helps some CEOs and politicians succeed.
Here's an important eye test for all you bankers (Press 'read' below to undertake test).
The Serious Fraud Office will on Monday ask a London employment tribunal to hear an unfair dismissal claim by a former senior banker at Barclays in private.
Who's in line to take over ?
A former JPMorgan executive who spent eight years on the run in Argentina pleaded guilty on Friday to U.S. charges that he embezzled $5.4m from clients at the bank and at a prior employer, UBS.
Former Deutsche Bank CEO Josef Ackermann said he sees no legal basis for the company to force senior executives to return bonuses that have already been paid out, after a German newspaper reported it was weighing such a move.
Donald Trump pulled off more than one Election Day miracle.
Take jobs you're excited about and then commit to them, advises advertising executive Sharon Napier.
A U.S. appeals court appeared unlikely on Friday to overturn an order requiring Nomura Holdings and Royal Bank of Scotland to pay $839m for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac.
Deutsche Bank says it will overhaul its U.S. headquarters at 60 Wall St. in lower Manhattan, with plans to knock out walls and open up space on the skyscraper’s middle floors.
Credit Suisse has frozen dozens of accounts as it tries to determine if U.S. clients are hiding money from the Internal Revenue Service after the firm pledged to come clean about secret assets, according to a person familiar with the matter.
Gilles Graham, a former Citigroup chairman for financial institutions in Europe, the Middle East and Africa, is suing the bank for age discrimination in a London employment tribunal, according to a person familiar with the lawsuit.