Apple's chief executive, Tim Cook, has said he is "extremely sorry for the frustration" users have found with its new mapping service, adding that if they are dissatisfied they can use rival products.
Now here's something we didn't expect to hear from a trader.
Kareem Serageldin, the ex-global head of Credit Suisse’s CDO business charged in a bonus-boosting fraud tied to a $5.35 billion trading book, plans to fight extradition to the U.S. until he reaches a plea deal.
Here's the latest on the people front from Bloomberg News.
Bank of America has announced it, and certain of its current and former officers and directors, have agreed, subject to court approval, to settle a class action lawsuit brought in 2009 on behalf of investors who purchased or held Bank of America securities at the time the company announced plans to acquire Merrill Lynch.
The U.S. Commodity Futures Trading Commission (CFTC) has announced that JP Morgan Chase Bank, N.A. (JPMCB) agreed to pay a $600,000 civil monetary penalty to settle CFTC charges that it exceeded speculative position limits in Cotton No. 2 futures contracts trading on the IntercontinentalExchange U.S. (ICE).
Now here's something for all you male bankers out there who think you're God's gift to women.
You'll enjoy this.
A lawyer for a former Goldman Sachs programmer charged twice with stealing secret computer code from the bank sharply criticized both the bank and the government in New York State court on Thursday.
Now this is a real classic.
Revenue from investment banking will tumble during the second quarter from a year earlier, according to a JPMorgan analysis of top firms.
Hugh 'Skip' McGee, the energy banker who rose to become Barclays' top-paid executive before he stunned Wall Street by resigning last year, is returning to his roots.
A former Bank of America executive was sentenced to two years and two months in prison on Monday after pleading guilty to participating in a scheme to defraud cities and towns by rigging bids to invest municipal bond proceeds.