A chemical contamination.
Here's a quick look at some of the trading disasters which have occurred in recent years. Note that these are genuine foul-ups (or 'fat-fingered' trades), and not losses down to rogue traders.
Here's 5 things our Highly Placed professional likes about working in Paris - and 5 things he misses about London.
British businesses continued to invest and consumers carried on spending in the months following the Brexit vote, defying predictions that a wave of uncertainty would hit economic activity.
A third of City workers reckon say their employers might be planning to relocate after the Brexit vote, a new study has found.
Barclays' General Counsel Bob Hoyt improperly used a copy of an interview given by Richard Boath in a criminal investigation to fire the executive, Boath’s lawyer told a London employment tribunal Friday.
Three former Barclays traders sent to prison for Libor manipulation were denied permission to appeal their convictions by a U.K. judge, narrowing the possibility that their guilty verdicts will be overturned.
And the very next day, my boss got fired.
Citigroup said this week that it appointed Fabio Fontainha as head of consumer banking for the Association of Southeast Asian Nations (ASEAN) region, effective December 1.
Trump has said he would be in favor of repealing Dodd-Frank regulations put in place after the financial system nearly collapsed.
Easy come, easy go ?
Volkswagen is to axe 30,000 jobs as part of a restructuring designed to help the German carmaker recover from the diesel emissions scandal.
Tom Hayes, the trader jailed last year for his role in attempts to manipulate Libor, has written to the head of the Serious Fraud Office over fresh claims that the Bank of England was aware of how the key benchmark was “lowballed” in the run-up to the financial crisis.
The bank expects a $150 billion fiscal kick per year to the economy, but said the market should temper expectations.
Here's a league table of 30 of the biggest trading losses of all time (excluding CDO losses post 2007).
Family offices for the world's super-rich have been pulling out of hedge funds and increasing allocations to private equity, a survey found.
Goldman Sachs sent a report titled "Top Ten Market Themes For 2017: Higher growth, higher risk, slightly higher returns" to clients Thursday.
Henry Kravis has spoken to President-elect Donald Trump about being Treasury secretary, The New York Post has learned.
With Britain trying to hammer out the terms of its exit from the European Union and banks considering their options on the continent, is this the best time to start building a new financial district in London?
The senior investment banker who in 2014 pleaded guilty to trading on inside information gleaned from his clients completed his incarceration on Monday, the Federal Bureau of Prisons confirmed.
Barclays agreed to sublet office space in London’s Canary Wharf financial district to the U.K. government, saving the cost-pressured bank about $45m a year.
ABN Amro said on Tuesday it had agreed to sell its private banking operations in Asia and the Middle East, with $20bn in assets under management, to LGT, a business run by the Princely Family of Liechtenstein.