Well, is that you lot ?
Fourteen months after the largest loss from unauthorized trading in British history, UBS is accelerating a retreat from risk taking.
As the fallout from Hewlett-Packard's purchase of Autonomy continues, attention is turning to the advisers who took part in the deal - with one name emerging from the pack.
Being a great leader isn't exclusively about making the "right" decisions; often times, it is about how to proactively avoid making the "wrong" decisions.
When the Securities and Exchange Commission sued Edward Steffelin last year, the agency issued a press release telling the world it had accused him of fraud. So how did the world first learn that the SEC had dropped its claims against him ?
American International Group (AIG), the first non-bank to disclose it’s under consideration to be labeled a potential risk to the financial system, said it won’t contest such a designation, which could lead to tighter capital rules.
The Securities and Exchange Commission today charged three health care company employees and four others in a New Jersey-based insider trading ring of various high school friends generating $1.7m in illegal profits and kickbacks by trading in advance of 11 public announcements involving mergers, a drug approval application, and quarterly earnings of pharmaceutical companies and medical technology firms.
Good news for some, bad news for others.
Attorney General Eric T. Schneiderman Tuesday filed a Martin Act complaint against Credit Suisse Securities and its affiliates for making fraudulent misrepresentations and omissions to promote the sale of residential mortgage-backed securities (RMBS) to investors.
Here's the email sent by UBS trader Kweku Adoboli to internal bank accountant William Steward advising that things might not be the way they seemed. Soon after, the shit really hit the fan.
I attended a rather grand reception in the City a month ago and there I met a younger salesman from HSBC.
An ex-Deutsche Bank broker found guilty in a massive tax fraud got his conviction tossed on Monday because one of the jurors who found him and others guilty lied about nearly every aspect of her life.
Standard Chartered CEO Bill Winters, on his first day in the job, pledged to eliminate 'waste and excess' at the bank, while boosting capital.