'When you grow a business too quickly you hire people from many different places and some of them ... you really have to qualify as mercenaries'.
Senior Royal Bank of Scotland bankers may step down in the coming weeks as part of the bailed-out bank's multimillion-pound settlement with regulators over the Libor-rigging scandal.
Goldman Sachs portrayed speech recognition pioneer Dragon Systems Inc. as rushing to close a $580m deal without sufficiently vetting its buyer in a doomed union that triggered a negligence suit and landed the bank in Boston federal court.
Citigroup has started an electronic bond-trading service as Wall Street firms seek to help clients buy and sell debts among themselves.
Worldwide announced Mid-Market M&A deals valued up to $500 million (including undisclosed value deals) totaled US$729.2 billion in the full year 2012 – a 3% decrease from the full year 2011.
Brussels is moving towards a regulatory showdown with Google after the European commission's competition chief accused the company of diverting internet users to its own services.
Does any of these sound like you ?
Things are never as easy as they seem.
William Salomon, the 98-year-old former Wall Street banker, testified he trusted a former Citigroup assistant facing trial on charges that she stole $1.3m from him to support a lavish lifestyle.
Switzerland’s 437-year-old Wolfsberg castle has welcomed the likes of Alexandre Dumas and Franz Liszt. In September, UBS CEO Sergio Ermotti gathered the bank’s top executives there for dinner.
Three officials from the bank that almost bankrupted Ireland have become the first bankers to be jailed for offences related to the Republic’s financial crash.
Central banks in the Western world have set the scene for an "even bigger version" of the 2007-2008 global financial crisis, Societe Generale's bearish strategist Albert Edwards has claimed.
Often it's the 'don'ts' rather than the 'do's' that separate successful businesses from failures.