The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi has warned.
Navinder Singh Sarao, the UK trader accused of causing the “flash crash” on Wall Street, will find out in March whether he will be extradited to stand trial in the US.
Private equity investor Lynn Tilton is stepping down as collateral manager of all her credit funds, totaling more than $2 billion, after years of litigation with New York bond insurer MBIA.
Hindsight is a wonderful thing.
The US economy added 151,000 jobs in January while the unemployment rate dropped to 4.9%, the US Department of Labor announced on Friday.
Bill Gates has revealed that he used to keep tabs on his employees' movements to assess when they were and were not in work - and if, like him, they were diligently in on the weekend.
Are you a happy bonus banker ?
Colm Kelleher is a stickler for discipline, even when it comes to the office dress code.
Rajat Gupta is hoping the third time’s the charm.
Markets are currently in a well-oiled 'death spiral', according to Citigroup analysts led by Jonathan Stubbs.
Goldman Sachs is facing a Federal Reserve enforcement action over the 2014 leak of confidential documents to the bank by one of the regulator’s employees, according to the New York Times.
A U.S. judge on Monday said Deutsche Bank must face part of a lawsuit claiming it deceived investors who bought more than $5.4bn of preferred securities by concealing its exposure to the fast-deteriorating subprime mortgage market.
A federal judge sharply criticized statements and actions by former executives of Bear Stearns Cos in the final days of the investment bank, saying important information was “withheld from the public” and allowing a shareholder lawsuit to move forward.