Financial Services Authority Chairman Lord Turner has now publicly released a letter he sent earlier this week to Andrew Tyrie, the chairman of the UK Treasury Select Committee, on the subject of the regulator's report into the meltdown over at The Royal Bank of Scotland.
Below is a statement issued Wednesday from Stephanie Morgan, the wife of Mark Madoff, who tragically committed suicide last weekend.
UBS is trialing a new dress code for employees (the trial is starting off in five retail branches in Switzerland). And already the 44-page document is the subject of much mirth.
EU financial services chief Michel Barnier has been talking to the UK Treasury Select Committee on the subject of banker bonuses and the new EU restrictions.
Tim Linacre is the CEO at Panmure Gordon & Co.
A 'curse', they are calling it now. The 'curse' of being associated with Ponzi schemer Bernie Madoff.
LONDON - The Bank of America Charitable Foundation has announced the winners of its fourth annual Neighbourhood Excellence Initiative (NEI) Awards, at a ceremony held at Bank of America Merrill Lynch's City offices.
BBC News reports that Irish Finance Minister Brian Lenihan has told Allied Irish Banks that any state aid would only be paid over on condition that no staff bonuses were paid out - no matter when they were earned.
Fox Business Network reports that AIG has put its logo back on staff business cards - the logo was removed a couple of years back after staff were harassed following the company's $182bn bailouts.
In a speech Monday at Reuters in London, Financial Services Authority (FSA) CEO, Hector Sants, outlined the progress made on the design of the supervisory approach and internal preparation for the transition, in 2012, to the new regulatory structure and how the regulator is mitigating the risks a change programme of this scale undoubtedly creates.
A California Highway Patrol spokesperson told CNBC that there was one person killed and a second injured in the Virgin Galactic accident.
The CEO of defunct bitcoin exchange Moolah insists he is working on returning money to customers, and that he has already processed almost $900,000 in refunds.
Royal Bank of Scotland (RBS ) made a total pre-tax profit of £1.27 billion ($2.03 billion) in the third quarter thanks to previously underperforming loans in Ireland being revalued.