'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.
There might be thousands of Merrill Lynch staff working within the Bank of America group, and some former Merrill Lynch staff even have business cards with the Merrill name and old logo on them, but it ain't Merrill Lynch anymore.
Here are some of the sound bites from the Bear Stearns / Financial Crisis Commission Inquiry Wednesday.
Here's a few sound bites on the ongoing Goldman saga.
Bloomberg reports that BNP Paribas has posted a 47% increase in first-quarter profit, helped by that purchase of certain business units from Fortis.
Here's the latest from our Highly Placed Professional.
Overhauling the broken culture of high street banking will take a generation to achieve, according to a report that found UK banks have received 20m customer complaints since the financial crisis.
Here is a list of habits for you to avoid and adopt to help you achieve success.
With economic uncertainty, job shortages and the rising cost of living, the traditional work environment is being transformed.