Now this may surprise you.
Written By Sital Patel & Charlie Gasparino, Fox Business.
The Securities and Exchange Commission has charged Wachovia Bank N.A. with fraudulently engaging in secret arrangements with bidding agents to improperly win business from municipalities and guarantee itself profits in the reinvestment of municipal bond proceeds.
Here's this week's Thomson Reuters Investment Banking Scorecard.
Banks (and bankers) in Europe and the US are being asked to be on their guard, after German investigators confirmed that they had obtained a letter claiming responsibility for that letter bomb which was addressed to Deutsche Bank CEO Josef Ackermann earlier this week, which indicated that two other devices had been made.
Jon S. Corzine, former chairman and chief executive officer of MF Global Holdings Ltd., testifies before the U.S. House Agriculture Committee about the collapse of the firm and its filing for bankruptcy.
ICAP raised a record £12.75 million (US$20 million worldwide on its 19th annual Charity Day, held earlier this week.
This is turning out to be an annus horribilis for Fidelity, the investment group that markets 130 funds to British retail investors.
A world of robot cars may still be a long way off but that hasn’t stopped some big insurance companies from worrying about them. And not for the reasons you might think.
Crowdfunding firms are waiting an average of six months for authorisation by the Financial Conduct Authority amid a growing backlog of applications, according to the consultancy firm Bovill.
One of Britain’s top retailers will stand trial on Monday accused of helping his father and chairman of the business forge a bank statement to hide a £1.5m loan from the defunct retailer’s board.