Mark Zaino, the prosecution’s star witness in the trial of three former UBS municipal-bond executives, began his testimony by telling jurors how he and the defendants fixed bids on bond-investment contracts.
Three JPMorgan investment bankers are leaving for Evercore Partners and Centerview Partners, the latest dealmakers to depart a global lender for a merger advisory boutique.
UBS Wealth Management Americas, the U.S. brokerage arm of UBS, has reported a 28% increase in second-quarter earnings, fueled by one-time investment gains and higher account-management fees.
Every dawn in the early spring of 2011, Matthew Kluger peered out his window, wondering when federal agents would knock at his door.
Nasdaq’s creation of a $62m pool to pay brokers that lost money in Facebook's IPO shows how far apart the exchange owner is from UBS on who is to blame for losses in the botched deal.
The banking blog concludes its first year (it'll be back in the autumn) with one more interviewee who got cold feet after seeing the full transcript of his words.
People are rightly appalled at the way bankers manipulated Libor, a benchmark interest rate that influences the value of hundreds of trillions of dollars in financial contracts worldwide.
Nomura’s domestic securities unit should be penalized after employees leaked information about clients’ share sales, Japan’s financial watchdog said following a probe into insider trading.
Germany's biggest bank, Deutsche Bank, prepared the ground for regulatory action in the Libor rigging scandal by admitting that a 'limited number' of its staff had been involved.
This is just one of the fascinating results which SJD Accountancy, the UK’s largest accountancy firm for contractors and freelancers, announced Tuesday – following a detailed survey which was carried out in July across its 11,000+ contractor client base.
“Transitory factors” are to blame for the recent slowdown on the US economy, the Federal Reserve said on Wednesday.
Welcome to Barclays, John McFarlane, here’s what life has to offer: a fresh £800m provision for rigging currency markets, taking the running total to £2bn.
PIMCO has announced that Dr. Ben Bernanke, former Chairman of the Federal Reserve, will serve as a senior advisor to the firm, contributing his economic expertise and insights to the firm’s investment process and periodically engaging PIMCO’s clients.