CNBC reports an interesting example of how things worked in the heady days before US property prices crashed.
As meetings go, Goldman Sachs' annual shareholder meeting Friday was a rather tame affair.
The Wall Street Journal's 'Heard on the Street' column reports that Citi CEO Vikram Pandit said that he visited a holy site in Jerusalem late last year, and he followed the other worshippers and wrote something on a piece of paper and deposited it on the 'holy' wall.
Here's some details on some stories about JPMorgan that are currently doing the rounds.
Hedge fund billionaire Raj Rajaratnam has clearly lost weight in the weeks his trial on insider trading charges has been up before a New York jury.
Sidney James Weinberg (October 12, 1891 – July 23, 1969) was a long-time leader of Goldman Sachs, nicknamed 'Mr. Wall Street' by The New York Times and a 'director's director' by Fortune magazine, because of the number of corporate boards he sat on.
Here's something sent in by one of our readers.
Dow Jones Newswires reports that Goldman Sachs spent over $700m on lawyers last year.
More than 300 leaders from the financial services and business community gathered to honor Vikram Pandit, CEO of Citigroup, at UJA-Federation of New York’s Wall Street and Financial Services Division's Banking and Finance Reception last week, at Gotham Hall in New York City.
As a follow-up measure to the problems plaguing Citibank associated with priority services (Citigold) and credit cards, Bank Indonesia conducted a special audit to confirm violations of prevailing regulations.
Tullett Prebon, the interdealer broker, has said it has made 200 people redundant on the back of difficult market conditions and falling profits.
The Bank of England’s chief currency dealer was dismissed after at least 20 violations of the institution’s internal policies were unearthed amid a review into whether central bank staff knew about currency rigging.
JPMorgan will pay $50m as part of a national settlement agreement to compensate homeowners in bankruptcy over the use of robo-signing and other improper practices, the Department of Justice said on Tuesday.