BP lost an effort to eliminate the possibility of a finding of gross negligence that might trigger fines as much as $17.6bn in the trial over the 2010 Gulf of Mexico oil spill.
A bear trap ?
Credit Suisse CEO Brady Dougan said pay for bankers is still outpacing shareholder returns, a dynamic that will change once the bank completes an overhaul of its business model.
JPMorgan Chase won a judge’s ruling rejecting a bid to revive claims that it manipulated silver futures and options prices in violation of U.S. antitrust law.
Banking giant HSBC, which was hit with a US fine for money laundering last year, is facing fresh accusations of illegal activity in Argentina.
Citigroup has announced it has agreed, subject to court approval, to settle a class action lawsuit brought on behalf of investors who purchased Citigroup debt and preferred stock during the period May 11, 2006, through November 28, 2008.
Samuel Palmisano retired in December as the chairman of IBM, but that's not stopping the company from paying more than $1 million to set him up with a new office and company cars.
This Glassdoor list is based entirely on employee feedback shared during the past year.
Guest Post by Sean Bowen, CEO, Push Technology
Including the email from a former JPMorgan Market Risk executive who dismissed initial loss estimates from the infamous 'London Whale' trades as 'garbage'.
Greece is bracing for the return to Athens of officials representing the reviled “troika” of creditors as the debt-stricken country prepares to start negotiations for a third bailout.
The Royal Mint has reported soaring profits, boosted by commemorative coins struck and sold to mark events such as the 50th anniversary of Winston Churchill’s death and the 800th anniversary of the Magna Carta.
Here's the list: