Nomura was fined $3.8m, the biggest penalty by the Japan Securities Dealers Association against any firm in 12 years, after employees leaked information on clients’ plans.
The Board of Directors of The Goldman Sachs has announced the appointment of Adebayo O. Ogunlesi as an independent director of the firm.
With anti-austerity protests across Europe resulting in civil unrest, Switzerland is taking unusual precautions to prepare its army for a refugee crisis or the possibility of protests at home created by a financial crisis.
UK inflation fell to its lowest in almost three years in September, easing the pressure on cash-strapped consumers. But there was a sting in the tail for people on benefits, as last month's inflation numbers will be used to set payouts.
Now this firm is reinventing itself - it's 'unambiguously business not as usual'.
Tom Naratil, Chief Financial Officer of UBS has said the Swiss bank fired as many as 550 employees after it suffered a $2.3bn loss from unauthorized trading last year.
Morgan Stanley discriminated against black homeowners and violated federal civil rights laws by providing strong incentives to a subprime lender to originate mortgages that were likely to be foreclosed on, according to a groundbreaking lawsuit filed Monday.
Microsoft co-founder Bill Gates and former United Nations Secretary-General Kofi Annan asked a judge to show leniency in 11 days when he sentences ex- Goldman Sachs director Rajat Gupta for insider trading.
U.S. Defense Secretary Leon Panetta made some alarming predictions during a speech on Oct. 11. Cyber attacks are looming, he said. They 'could be as destructive as the terrorist attack of 9/11' and might amount to a 'cyber Pearl Harbor'.
Singapore's economy grew at a faster than expected pace in the first quarter than earlier thought, data showed on Tuesday.
The high-stakes game of brinkmanship between Greece and its creditors intensified on Monday after prime minister Alexis Tsipras convened an emergency meeting of his political negotiation team following a stark warning from Athens that default was looming.
Healthcare investment banker Jason Truman has left Morgan Stanley to join Barclays in New York, according to an internal memo from the British bank seen by Reuters.