The Securities and Exchange Commission has charged BP p.l.c. with misleading investors while its Deepwater Horizon oil rig was gushing into the Gulf of Mexico by significantly understating the flow rate in multiple reports filed with the SEC.
Financial M&A Falls 25% from 2011 Levels
Goldman Sachs has today announced that it has selected a new class of Managing Directors, effective from January 1. 266 staff have been promoted. Here they are:
Moore Capital Management and Maverick Capital Management bought Citigroup shares as the bank’s board grew dissatisfied with CEO Vikram Pandit’s performance, eventually ousting him.
Una Neary, tapped yesterday to become one of the newest partners at Goldman Sachs, is not one of the best-known executives at that storied investment bank. But there is one place in New York City where everybody knows her name-the Upper East Side high-end Irish pub named 'Neary's'.
Building on last year’s record results, the Securities and Exchange Commission today announced that it filed 734 enforcement actions in the fiscal year that ended Sept. 30, 2012, one shy of last year’s record of 735.
Officials at Bank of America said they are half way to fulfilling their mandate of providing $7.6bn worth of consumer relief.
Two thieves skirted security at JFK International Airport and got away with part of a cargo shipment of Apple's iPad minis worth $1.5 million, according to a report from the New York Post.
It's all this bloke's fault, they say.
Lloyds Bank is to “derecognise” its biggest union, which represents more than 25,000 staff, in a remarkable breakdown in industrial relations at Britain’s biggest retail bank.
The Securities and Exchange Commission has charged OZ Management LP with providing inaccurate trade data to four prime brokers, causing inaccuracies in the brokers’ books and records and in data provided to the SEC in investigations.