BP, the U.K. oil giant, is slashing costs as it prepares for a long-term low oil price environment.
Mark Zuckerberg has been busy.
Global companies'appetite for acquisitions has hit a six-year high, with nearly six out of every 10 companies hoping to lock in a deal, data out on Monday showed.
With oil prices predicted to stay lower for longer and the $100 per barrel price tag something of a distant memory, analysts suggest the behemoth fund’s days of stellar growth may be numbered.
The Securities and Exchange Commission has charged credit rating agency DBRS with misrepresenting its surveillance methodology for ratings of certain complex financial instruments during a three-year period. The firm agreed to pay nearly $6m to settle the charges.
Cutting right to the chase.
An alleged lapse in risk controls on a series of trades said to be worth hundreds of millions of dollars.
Banking 'outcasts' fight back.
In play ?
A former trader at UBS asked a broker at RP Martin Holdings for help moving Libor because he’d 'heard you knew magic'.
The U.S. stock market's reaction to the Brexit vote makes no sense, Howard Lutnick says. Here's why he thinks it's the place to be.
This post-Brexit financial world will require a lot of untangling. The FTSE 100 index closed down only 200 points, which used to be seen as a bad, but far from catastrophic, event in the stock market.