Here's a few links to some interesting BBC, Bloomberg and New York Post stories currently doing the rounds.
Out of the 29 UK cabinet members, 23 are estimated to have a net worth of over £1m.
The Goldman troops are revolting, it seems. And all over a few potted plants.
Global Finance has just announced its 20th Annual Ranking of the World's 50 Safest Banks.
Here are some links to a few interesting Bloomberg, Fox Business Network, Independent and New York Post stories currently doing the rounds.
Bank of America stock took another hit Monday, closing 7.89% down in New York trading.
Bloomberg reports that four Deutsche Bank employees (together with the bank's South Korean brokerage unit) face trial in connection with alleged manipulation which resulted in $29bn in value being wiped from the South Korean stock market (KOSPI) one day last November.
New York - Douglas Peterson, 53, currently chief operating officer of Citibank N.A., Citigroup's principal banking entity that operates in more than 100 countries, will become president of Standard & Poor's effective September 12, 2011.
Who's next ? Everyone - or that's how it certainly looks.
The new managers of the Pimco Total Return Fund have been trumping former boss Bill Gross since he left the world’s largest bond fund, boosted by an opposing bet tied to short-term U.S. interest rates.
"Flash Boys" author Michael Lewis' recent assertions of stock market rigging are "a big lie," former regulator Bart Chilton said.
Jefferies Group, the investment bank run by Richard Handler, said fixed-income revenue dropped 56% to $126m in the first quarter amid fewer high-yield bond offerings.