By Jesse Eisinger and Jake Bernstein, ProPublica
And there's more.
Yep, even the original 'rogue' trader Nick Leeson thinks it's a bit much, all these banking scandals.
Standard Chartered has strongly rejected the position or the portrayal of facts as set out in the order issued by the New York State Department of Financial Services (DFS) Monday.
Every one a disaster.
Standard Chartered shares slumped more than 7% in early morning trade in Hong Kong on Tuesday after New York’s top bank regulator said the British bank worked with Iran to hide $250bn in transactions, violating U.S. anti-money laundering laws, but analysts say that the case will only have limited impact on the bank.
One in three lawyers within private practice think their career progression is being stifled by a lack of opportunity within their firms, according to research conducted by international legal recruitment specialists Laurence Simons.
The Tokyo Stock Exchange said a computer error halted trading of Topix Index futures, Japanese government bond futures and options trading for more than 90 minutes, the second time in seven months a malfunction has forced a shutdown.
Bill Gross of Janus Capital spoke with Bloomberg Television's Erik Schatzker about Wednesday's Federal Open Market Committee statement and the outlook for Federal Reserve policy, global bond markets and Pacific Investment Management Co.'s move to hire former Fed Chairman Ben S. Bernanke as an adviser.
Zach Barratt, a high-yield debt trader at Bank of America, left the bank to join Apollo Global Management’s credit business, according to two people with knowledge of the move.
The trial of a former Goldman Sachs programmer charged with stealing the investment bank’s high-speed trading code took a bizarre twist on Wednesday.