A row has erupted over the parliamentary inquiry into banking, with the Labour MP John Mann declaring he will launch his own investigation after being left off the official committee.
A review of the JPMorgan's Chief Investment Office found that employees may have hid losses.
CIMB Group announced Thursday that The Royal Bank of Scotland (RBS) is excluding India operations from an earlier sale and purchase agreement for various Asia Pacific cash equities and associated investment banking businesses.
It's the banking scandal that beats them all.
Bloomberg reported earlier this week that investment bankers in Europe are girding for a second wave of job cuts in less than a year after the euro area’s debt crisis drove fees from mergers and securities underwriting to a nine-year low.
By Jonathan Weil
Stakeholders will get more information about that large JPMorgan trading loss Firday, when the bank posts its second-quarter results. But some say that Dimon's disclosures may just give rise to yet more questions.
A big congratulations to BNP Paribas banker Colin Wilcox, who celebrates 50 year in the City today - and all at the French bank or predecessor firms.
Wells Fargo has announced a definitive settlement agreement between the bank and the U.S. Department of Justice (DOJ) that resolves the DOJ’s previously disclosed claims that some Wells Fargo mortgages may have had a disparate impact on some African-American and Hispanic borrowers.
A 26-year-old recruitment consultant who was arrested last summer for giving the middle finger to police outside a Greenwich Village bar filed a lawsuit against the city Wednesday, arguing his First Amendment were violated, according to court documents.