Japan’s ruling party is seeking changes to insider-trading rules that would allow criminal charges and fines for brokerages and bankers who leak stock offering information, according to a document obtained by Bloomberg News.
The British Bankers' Association (BBA) issued a warning to banks in April 2008 to "submit honest rates" to its Libor setting panel, according to a series of emails which demonstrate that the problems with the crucial interest rate were being discussed at the highest level during the financial crisis.
Selby Jennings, who came out top in the Here Is The City 2012 poll of jobseekers and client companies.
A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar with the banks' thinking said.
Here's a note of the 9 most common mistakes people make when looking for a new job.
Robert Wolf, the veteran UBS executive, is leaving the firm to start an advisory and consulting firm.
At least 12 people have been killed and 38 injured in a shooting at a cinema showing the new Batman film near the US city of Denver, Colorado.
Last week’s testimony of Barclays Plc Chairman Marcus Agius to a U.K. parliamentary committee received less press than the earlier testimony of his former CEO, Bob Diamond, but Agius’s performance was more remarkable.
Anil Kumar, a former senior partner at McKinsey & Co was sentenced to two years of probation and ordered to forfeit $2,260,000 for his participation in an insider trading scheme in which he provided material, nonpublic information stolen from McKinsey and its clients to Raj Rajaratnam, the head of Galleon Group, who then traded based, in part, on the Inside Information.
A little over two years ago, Stephanie Rawlings-Blake had never heard of Libor. The mayor of Baltimore had plenty of other things to keep herself occupied. Elected in 2010, she was dealing with the aftermath of a financial crisis that had left her city with the budget deficit of $120m and the cost of cleaning up the worst two-day snowstorm in the city's history.
JPMorgan is losing credit trader Chris Bruner to Tradeweb Markets, where he will help run the company’s corporate-bond trading unit, according to a person familiar with the matter.
The widow of the Home Shopping Network's co-founder is seeking more than $170m from Morgan Stanley in a case alleging, among other things, that the firm made excessive securities trades to boost commissions, according to a disclosure.
Allianz's Mohamed El-Erian made some changes to his portfolio and it has to do with the Federal Reserve and asset prices, he told CNBC Monday.