Bernie Madoff says he is frustrated. Writing to CNBC from the federal prison where he is serving a life sentence for his epic fraud, Madoff said he is not getting credit for what he calls his "instrumental" role in returning money to his victims.
Gilbert T. Lopez Jr., the former chief accounting officer of Stanford Financial Group Company, and Mark J. Kuhrt, the former global controller of Stanford Financial Group Global Management, were each sentenced to 20 years in prison for their roles in helping Robert Allen Stanford perpetrate a fraud scheme involving Stanford International Bank (SIB).
According to a new study released just in time for Valentine's Day, married entrepreneurs said their sex life improved a mere one percent after starting small businesses together. Would you mix love and marriage with business ?
These days, it seems like the news is dominated by how many investors are selling Facebook stock. Still, at least one very important person is growing his stake in the company.
Aberdeen Asset Management has announced that it has reached an agreement to acquire 100% of the share capital of Artio Global Investors Inc.
Central banks scooped up more gold in 2012 than they have annually in nearly half a century as they sought to diversify reserves, the World Gold Council (WGC) said on Thursday.
The Chronicle of Philanthropy's 2012 list of Top 50 Most Generous Donors shows that three of the top five donors are under 40 - by far the largest number of young donors at the top ever. They gave close to $1bn in 2012.
Heads down please.
Thousands of job losses in London's high-profile banking industry are causing ripple effects across a wide array of businesses that rely on the wealth of City workers.
Sprinter charged with murdering girlfriend, as police deny making claims that he had thought she was an intruder
Emirates has launched the world's longest non-stop flight, with a new service between Dubai to Panama City expected to take 17 hours and 35 minutes.
The good news for the International Monetary Fund, which has been saying for ages that Greece’s debts are unsustainable, is that European lenders now seem to agree.
With global dealmaking this year expected to exceed the record levels of 2007, Lazard Vice Chairman Gary Parr tells CNBC why he's not worried about froth.