Goldman Sachs will have to defend in court against an investment insurer’s claims that it lied about billionaire John Paulson’s position in a security known as Abacus.
Citigroup agreed to sell its Alternative Investor Services business to SS&C Technologies Holdings, a provider of software and investment services to the finance industry, for about $425m.
There has been no shortage of disturbing trends in Asian foreign exchange markets this year, even before China shocked traders last week with its unilateral devaluation of the yuan.
Anthony J. Albanese, Acting Superintendent of Financial Services for the State of New York, issued the following statement on an agreement between the Department of Financial Services (DFS) and Promontory Financial Group, LLC.
Morrisons is facing a bill worth tens of millions of pounds to offload its struggling convenience store business.
The Federal Reserve is inching closer to the first interest rate increase in nearly a decade, minutes of the central bankers’ latest meeting indicated on Wednesday.
The EU dream is a tattered one these days.
Glencore’s first-half profit has more than halved as the commodity trader and miner suffered from plunging commodity prices.
Germany’s parliament has backed a third Greek bailout following a heated debate in the Bundestag, despite widespread misgivings over whether the country will manage to implement reforms in return for money.
Improper hiring practices.
A group of MPs investigating working conditions at Sports Direct are to discuss applying sanctions on Mike Ashley after the retailer’s billionaire founder said he would defy a parliamentary summons to appear before the select committee.
Back in 2012, the first Friday of the month was an exciting day in US politics. As Barack Obama and Mitt Romney fought to convince voters that they’d be the best candidate to steer the US economy through recovery, the official monthly jobs report provided both sides with ammunition.
Icap has signed a $65m Chinese deal, pushing its shares nearly 3% higher amid talk it could be attractive to a predator.