Bloomberg reports that Saul Burian, an MD in the financial restructuring group at investment bank Houlihan Lokey, told a US bankruptcy court that he had discussions with executives at Lehman Holdings about whether they should sue Barclays over the sale of Lehman's broker / dealer business in September 2008.
Just a few days after JPMorgan's senior economist, James Glassman, came out and characterized US senators as children in a research note to clients, Willem Buiter, Citi's Chief Economist, has had a pop at European lawmakers.
Bloomberg reports that JPMorgan's senior economist, James Glassman, has apologized for characterizing US senators as children in a research note to clients.
Here's a real gem from former US Fed Chairman Alan Greenspan, testifying before the Financial Crisis Inquiry Commission last week.
US Attorney General Eric Holder has confirmed the arrest of a man in connection with the failed car bombing attempt in New York's Times Square over the weekend.
'Before we get into the formal agenda of our shareholder meeting, I wanted to address some important issues that are on all of our minds.
The Wall Street Journal reports that, according to unnamed 'people familiar with the situation', Goldman Sachs and US regulator The Securities and Exchange Commission have started talks in the last few days with a view to trying to reach a settlement regarding those civil fraud charges. At the moment, however, the two parties are thought be be fairly far apart.
Here's Thursday's testimony by US Secretary Tim Geithner before the Financial Crisis Inquiry Commission.
Here's Thursday's testimony by Hank Paulson before the Financial Crisis Inquiry Commission.
It's was simply the most dramatic few minutes in equities trading ever. Market professionals with decades of experienced were transfixed, as the Dow Jones Industrial Average fell almost 1000 points and recovered around 700 in just a matter of minutes during late afternoon trading Thursday.
Once upon a time, we had the imperial CEO to worry about: the business leader who ruled in the manner of Augustus over his corporate empire. Jack Welsh at GE. Lee Iacocca at Chrysler. Sam Palmisano at IBM.
Businesswoman Linda Riley founded diversity and inclusion events and publishing company Square Peg Media and is the brainchild of the European Diversity and Global Diversity Awards.
British companies were the most profitable in almost 16 years in the second quarter, against a backdrop of wider economic recovery.