Who's the 'dude' ?
Goldman Sachs hired the daughter of an ally to Malaysian Prime Minister Najib Razak around the time the firm’s bankers were pitching business to the country’s government investment fund, the Wall Street Journal reported, citing unidentified people.
Two former traders late last night were handed prison sentences in the US for offences related to Libor fixing.
A lawsuit brought by a hedge fund owner who claimed that an F.B.I. raid had violated his civil rights and forced him to close his business may proceed to determine whether evidence will support his “grave allegations,” a judge said on Thursday.
HSBC has lost its latest bid to keep some portions of a potentially explosive report about its anti-money-laundering efforts from being made public.
The European Central Bank has cut interest rates across the eurozone to zero as it unveiled an unprecedented package of growth-boosting measures against the backdrop of a fragile global economy.
Universities in the UK dominate in the latest ranking of the top institutions across Europe with Oxford and Cambridge leading the way.
Bank of America is hiring a new team of investment bankers who cater to midsized companies, four years after dismantling a similar business, three people familiar with the matter told Reuters.
Bank of America’s head of U.S. equity-research sales, Tim Reilly, has left the firm as it pares jobs across the investment bank this week, according to people with knowledge of the matter.
Foreign banks including HSBC's and Deutsche Bank are pushing back against the Federal Reserve’s proposals on implementing rules designed to end too-big-to-fail, saying they are burdensome and unfair to the U.S. units of the world’s biggest lenders.
A federal judge rejected PricewaterhouseCoopers' bid to dismiss a $1bn lawsuit accusing the accounting firm of professional malpractice for helping cause the October 2011 bankruptcy of MF Global Holdings, a brokerage once run by former New Jersey Governor Jon Corzine.
Britain’s vote to leave the EU has had little immediate impact on people’s spending habits, according to new figures that suggest more money was splashed out on clothes, meals out and day trips in July.