A new survey has suggested that around a third of all bankers hate their jobs - the other two-thirds just wish they had a secure one.
Barclays traders and employees who made submissions to set interest rates applied to a U.K. court asking for anonymity in the U.K.’s first civil lawsuit related to manipulation of the London interbank offered rate.
Here's a Christmas dinner that may be too rich - even for the rich.
Citigroup Executive Vice President Candi Wolff can talk about Christmas trees for hours. She can tell you how an electric tree baler works, the difference between a Colorado Blue Spruce and a Douglas Fir, and that tree sales are a year-end economic indicator, although she can’t quite tell you why.
The insider-trading indictment of ex-SAC Capital Advisors LP portfolio manager Mathew Martoma sets in motion a criminal trial process that puts new pressure on him to cooperate with the government’s investigation of the hedge- fund firm founded by billionaire Steven Cohen.
Former Wells Fargo investment banker John Femenia was charged in Charlotte, North Carolina, earlier this month with leading an $11m insider trading ring that paid kickbacks in cash and gold for tips on corporate mergers.
On a good day, 27-year-old Bobby Timberlake at CME Group in Chicago rounds up $2.5bn from the world’s biggest traders and banks such as JPMorgan Chase to cover their losses in the $639 trillion derivatives markets.
And impacted the lives of hundreds, if not thousands, of people.
Massachusetts Secretary of the Commonwealth William Galvin this week accused Morgan Stanley of breaking the law as lead underwriter in Facebook’s initial public offering, triggering a $5m fine.
‘Just Make Sure You See It’ Heatworld
The U.S. federal probe that ended last month with guilty pleas and $6bn in fines from global banks began with an open secret - that currency traders there could talk to each other to coordinate trades.
The private equity industry usually lives up to its name by keeping business intensely private. Lynn Tilton is not the average PE executive.
A California water utility filed a class action lawsuit on Tuesday to recoup losses in the electric market that it blames on Barclays, which the U.S. government fined $453m in 2013 for manipulating electricity prices.