BBC reports that the jury in the trial of hedge fund billionaire Raj Rajaratnam will have to start its deliberations again, after one of the jurors had to be dismissed from the case for medical reasons 6 days into the decision-making process.
The results of Euromoney’s 2011 annual benchmark survey of the global foreign exchange industry are in.
The Securities and Exchange Commission has charged UBS Financial Services Inc. (UBS) with fraudulently rigging at least 100 municipal bond reinvestment transactions in 36 states and generating millions of dollars in ill-gotten gains.
The FT / IFC Sustainable Finance Awards, the major global awards for environmentally and socially responsible banking and investment, have attracted a record 187 entries from 161 institutions in 61 countries.
Bloomberg reports that UBS Financial Services has been ordered to pay a former sales assistant $10.6m, after a Kansas City, Missouri, jury found that she was sexually harassed by a senior work colleague and then fired for complaining about his conduct.
CNBC reports that Goldman's London-based prodigy Jan Sramek has quit his job to branch out on his own.
Deutsche Bank has been sued for more than $1bn by the US government over a Federal Housing Administration scheme.
Red faces over at hedge fund manager Dennis Gartman's place, after the hedgie's much-read investment note, 'The Gartman Letter', Tuesday twice mentioned the killing of 'Obama', rather than 'Osama'
Bruce Jay Wasserstein (December 25, 1947 – October 14, 2009) was an American investment banker and businessman.
BNP Paribas has announced its first-quarter earnings.
The Bank of England has come under attack for failing to properly investigate its role in the rigging of foreign exchange markets.
Sony has shown a "return to form" in its devices, business analysts told CNBC, after the Japanese electronics giant unveiled a slim tablet and mid-range smartphone on Monday.
Balfour Beatty has signed a £400m deal to build two new residential areas at the London Olympic Park over the next eight years.