The synthetic CDO is back.
So, a drug addict, a drunk, a sex addict, a gambler and a banker are all at a group therapy session.
Bonuses at Wall Street firms will rise 15% this year despite ongoing pressure from investors, regulators and politicians about compensation levels, according to compensation-consulting firm Johnson Associates Inc.
Bank of America’s Matthew Montana, who ran international equities trading from New York, was among more than 30 trading and sales employees dismissed this month, people with direct knowledge of the moves said.
When RBS executive John Hourican left the bank last month with the dramatic 'they shouldn’t waste my death', fellow investment banking chief Rich Ricci felt his pain.
On Thursday 11 July, a group of sporting legends and TV Presenters will take on a challenge with a difference.
An increase in profits at the big five UK banks was wiped out by more than £11bn of fines and compensation payments in 2012.
Making lemonade out of lemons.
Juerg Buergin, a former UBS executive, must face trial on charges he paid for sex with an underage prostitute in Singapore, a judge ruled.
Just as the technology industry’s glass ceiling is being shattered by high-profile executives like Facebook's Sheryl Sandberg and Yahoo’s Marissa Mayer, Silicon Valley is showing signs it’s still a boys club.
The New York Attorney General’s office is taking aim at its next target in its year-long inquiry into high-frequency trading abuses through lightly regulated stock markets known as 'dark pools'.
Royal Bank of Scotland is in talks for a management buyout of its Indian private banking operations.
BP, the oil giant, announced a second-quarter replacement cost loss of $6.3 billion, and warned low oil prices are here to stay.