In a prosecution brought by the Financial Services Authority (FSA) and heard at Southwark Crown Court Richard Joseph, age 43, has been found guilty of 6 counts of conspiracy to deal as an insider. He has been sentenced to four years on each count, which will be served concurrently.
Layoff Managing Directors ? It's guys like me who do all the heavy lifting!
John Paulson, a lifelong New Yorker, is exploring a move to Puerto Rico, where a new law would eliminate taxes on gains from the $9.5bn he has invested in his own hedge funds, according to four people who have spoken to him about a possible relocation.
Goldman Sachs last week lost its bid to keep a shareholder proposal to split the chairman and CEO roles off its proxy statement.
Bank of America Merrill Lynch has hired former Goldman Sachs banking veteran Frank L. Walters to head up its venture coverage group, according to a memo obtained by Reuters.
Wells Fargo climbed to a 4-year high Friday, increasing the value of Berkshire Hathaway Inc. (BRK/A)’s stake to more than $16bn.
The Federal Reserve's most recent stress test shows all but one of the nation's 18 largest banks are prepared to handle a severe economic shock. That is an improvement from last year when two banks failed to meet the minimum requirements outlined by the central bank.
The Financial Industry Regulatory Authority (FINRA) has said that it has barred broker Jeffrey Rubin of Lighthouse Point, Florida, from the securities industry for making unsuitable recommendations to his customer, an NFL player, to invest in illiquid, high-risk securities issued in connection with a now-bankrupt casino in Alabama.
Exactly two years after its north-east coast was wrecked by a deadly tsunami, Japan marked the moment that the most powerful earthquake in its recorded history triggered deadly waves that killed almost 19,000 people, while the prime minister, Shinzo Abe, promised to speed up reconstruction of flattened communities.
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:
A new CareerBuilder survey finds workers are having an increasingly hard time separating their professional and personal lives.