A U.S. appeals court on Wednesday signaled it was unlikely to overturn the 2012 insider trading conviction of Rajat Gupta, a former director of Goldman Sachs and global managing director of McKinsey & Co.
U.S. authorities are preparing to announce as soon as Thursday that JPMorgan will pay about $200m to settle allegations that it hired children of Chinese decision makers to win business, according to people familiar with the matter.
Commodities-related revenue at the 12 biggest investment banks fell 22% in the first nine months due to weak industrial metals trading and lacklustre investor interest, a report by financial industry analytics firm Coalition said.
Since my career in the financial markets went belly up, I've been keeping a relatively low profile.
Remember, you're only as good as your last deal.
Colm Kelleher, president of Morgan Stanley, said that Jamie Dimon would be good for the U.S. if he were Treasury Secretary.
The Berkshire Hathaway CEO says books are the key to success, and studies agree.
Royal Bank of Scotland could face a penalty of more than $12bn (£9.6bn) to settle a decades-old mis-selling scandal in the US, the body which controls the taxpayer stake in the bank has said.
The biggest banks in the US could be forced to break up their operations under new plans to tackle “too big to fail” banks by dramatically increasing their capital holding requirements unveiled by an influential US central bank governor.
The impact of June's Brexit vote is overshadowed by Donald Trump's recent triumph in the US race for the White House, the boss of Barclays said today.
Wells Fargo CEO Tim Sloan said Wednesday that the company looks forward to working with President-elect Donald Trump and Congress to create strong fiscal policy.
The first reactions from Wall Street research units about Donald Trump 's upset election win rolled in early Wednesday morning and one of the first was decidedly bearish.
BlackRock, the world’s largest asset manager, is in talks to move its headquarters to a tower being built in the Hudson Yards development on Manhattan’s west side, two people with knowledge of the matter said.
So gold up, government bond yields down, dollar weaker, stock markets flat/ down – in a word or two (or three), though, volatility is up!
Donald Trump was elected the 45th president of the United States in a stunning repudiation of the political establishment that jolted financial markets and likely will reorder the nation’s priorities and fundamentally alter America’s relationship with the world.
President-elect Trump campaigned on a promise to transform the American economy. Here's how he plans to pull it off.
Senior Morgan Stanley banker Donald Moore will retire from the Wall Street bank at the end of the year, according to a memo seen by Reuters on Tuesday.
Morgan Stanley told clients to stay on the sidelines during the sell-off driven by Donald Trump 's upset win in the U.S. presidential election.
Billionaire Carl Icahn called the surprise win by U.S. President-elect Donald Trump "a step in the right direction" on Wednesday.
Major Wall Street analysts agree that the S&P 500 will likely sell off if Donald Trump wins, and at least hold gains if Hillary Clinton wins.
The financial reporting watchdog will investigate accountancy firm Grant Thornton for signing off on an arrangement between Sports Direct, majority-owned by Mike Ashley, and a delivery firm owned by his brother.
Growth in the global economy could accelerate to 3.4 percent in 2017 but the outlook is clouded by political risks, Morgan Stanley has warned.
Former BHS workers and trade union representatives are to descend on the headquarters of Sir Philip Green’s retail business in an attempt to force him to fill the £571m deficit in the collapsed department store chain’s pension scheme.