Deutsche Bank, whose offices were raided by German police last week, has said that it will investigate prosecutors’ allegations employees deleted e-mails requested as part of a tax-evasion probe.
Bank of America, JPMorgan Chase and U.S. Bancorp and other major U.S. banks seem to have stopped a group of hacker activists from seriously disrupting their online banking operations.
Schroders has announced that it has reached agreement for its subsidiary Schroder U.S. Holdings Inc. to acquire 100% of the share capital of STW Fixed Income Management LLC (STW), a value-orientated, US investment-grade fixed income manager.
Actor Gerard Depardieu, accused by French government leaders of trying to dodge taxes by buying a house over the border in Belgium, has said "success" is now being punished in France.
The financial services industry has gone through another tough year. Here's a note of 2012's heroes and villains.
Barclays has said the U.S. Federal Energy Regulatory Commission’s record $470m in proposed penalties against the bank for alleged power-market manipulation are unjustified and won’t withstand a court challenge.
Former Goldman board director Rajat Gupta said Friday that the firm hasn't justified its request for nearly $7m in legal fees and other expenses it claims were spent in connection with his insider-trading case.
The Federal Reserve moved to subject two dozen foreign banks with at least $50bn of global assets to stricter U.S. capital rules as it attempts to lower risks to the financial system.
Two days before Dell Inc. was set to report second-quarter 2008 earnings, Jon Horvath, a technology analyst at SAC Capital Advisors LP, e-mailed his boss Michael Steinberg and another portfolio manager to warn that the computer maker would miss earnings estimates.
Standard & Poor’s Japan unit was ordered by the nation’s financial watchdog to improve its system for verifying and updating credit ratings in the regulator’s first action against a ratings company.
Houlihan Lokey has announced that it has acquired MESA Securities (MESA), a leading New York-based independent advisory firm that provides mergers and acquisitions, corporate finance, and other strategic advisory services to clients in both traditional and digital media and entertainment. The transaction closed on June 19, 2015.
Peter Benoist, the head of U.S. distressed-debt trading at Barclays, left the bank, according to two people with knowledge of the move.
A female cyclist has died in a crash with a tipper truck in London.