In an exclusive interview, IMF Managing Director Christine Lagarde spoke with Bloomberg Television's Tom Keene Thursday morning from the IMF's annual meetings in Washington, DC.
At least one firm says it has its risk management unit operating as it should.
It always happens. When a bank racks up losses of any kind, fingers soon begin to point every time it becomes known that the firm is spending money entertaining either staff or clients.
And the hits just keep on coming.
New York - Zvi Goffer, the former Galleon Group trader known as 'Octopussy' for his sprawling connections to an insider network, has been sentenced to 10 years in prison for insider trading
Washington, D.C. - The Securities and Exchange Commission has charged a former Goldman, Sachs employee and his father with insider trading on confidential information about Goldman’s trading strategies and intentions that he learned while working on the firm’s exchange-traded funds (ETF) desk.
Here's a chance to do some good.
Here are a few links to some interesting Bloomberg, New York Post, New York Times and Reuters stories currently doing the rounds.
Federal Reserve officials have begun a two-day meeting, which is expected to pave the way for the first rise in interest rates since the 2008 financial crisis.
The top EU official charged with cleaning up the Luxembourg tax scandal has said Brussels is considering whether it should open up the tax arrangements of multinationals in Europe to full public scrutiny.
Wells Fargo left Chief Executive Officer John Stumpf’s pay unchanged at $19.3m after the firm generated a bigger profit than any other U.S. bank for a second straight year.