Steam punk is in.
SAC Capital will gather members of its 1,000-person staff after the markets close Thursday for the second time in two weeks, says someone familiar with the matter, hoping to address lingering questions about a new insider-trading probe and its ramifications for SAC's founder, Steve Cohen.
Rochdale Securities LLC, the brokerage struggling to survive and keep its staff after an unapproved $1bn trade in Apple soured, lost three more traders to competitors.
In a rare interview, former Fed Chairman Paul Volcker told CNBC his namesake rule has already changed how Wall Street does business, despite delays in crafting the final wording.
Federal Reserve Governor Daniel Tarullo said the central bank is planning tougher capital and leverage rules for U.S. units of foreign banks, which some firms have sought to skirt.
Like many employees, second-guessing your boss or company is a game that financial advisers at the big Wall Street firms play, too.
On-going issues in the Eurozone and the looming US ‘fiscal cliff’ will create an uncertain environment for investors until the beginning of 2013, according to Baring Asset Management (“Barings”).
And this guy is said to be pulling the strings.
For the first time in more than a century, a woman is coming to a U.S.
Alexis Tsipras will travel to Russia again on Friday to meet Vladimir Putin as questions swirl over whether Moscow could extend credit lines to bail out the Greek prime minister’s embattled economy.
Walmart hid $76bn of assets in tax havens across the world, including $64.2bn managed by 22 different subsidiaries in Luxembourg, where Walmart has no stores, according to a study published on Wednesday.