There has been very little on this blog so far about drug use among bankers. One reason is that it seems actually quite rare, confined to little pockets. Another reason is that it's illegal.
Ok, so this is a bit naughty. If you are going to access at work, have the sound turned down - there are a couple of expletives near the end.
If anyone could get Robert Diamond, the former CEO of Barclays, to explain the Libor-fixing scandal to a British parliamentary panel on Wednesday, it was Andrea Leadsom, a Conservative member and a former Barclays banker. Although their interchange generated some heat, it didn’t yield enough light.
London risks losing its status as the world’s top financial center as the $360 trillion interest-rate fixing probe follows a series of market abuses by banks that eroded trust in a city already shrinking faster than rivals.
See what's doing the rounds virally.
Negotiations began on Thursday between the government and Labour over setting up a parliamentary inquiry into the banking scandal rocking the City of London, with the promise that it could begin work in two weeks.
Just because Barclays was the first to fess up, doesn't mean it was the worst (or only) offender.
The 1936 Olympics in Berlin are remembered both for Jesse Owens winning his five gold medals, and for Hitler’s rise to power.
Nothing like a good old rattle.
By guest columnist Marisa R. Santoro
Deutsche Bank said it may boost the number of its asset and wealth management staff in Asia by 5% to 10% this year as part of the lender’s revamped strategy to boost growth.
Financiers and Wall Streeters like to tout their charitable giving. From the Robin Hood Foundation to the Goldman Sachs' charitable ventures, the titans of finance represent one of the most potent forces in philanthropy and give away billions every year.
Austria’s central bank plans to repatriate £3.5bn of its gold reserves currently stored in Britain – amounting to 80% of its entire stocks – after auditors warned against the risks of keeping a majority in a foreign country.