Wall Street banks may have finally hit on a way to pinpoint the value of analysts and squeeze more money from their research: Stop making it so easy to share.
Bankers, lawyers and regulators have been hired to join the City watchdog’s enforcement panel, the influential body that oversees the punishments handed out to wrongdoers.
The emissions-fixing scandal that has engulfed Volkswagen in the US could extend to other companies and countries, one of the officials involved in uncovering the alleged behaviour has told the Guardian.
An entrepreneur who acquired the rights to produce a life-saving drug then increased its price more than 50-fold overnight is defending his decision with assertions that the profits will help create better medicines in future.
The City's biggest businesses switched their suits for running gear and took to the streets of London for the 2015 Bloomberg Square Mile Relay; the ultimate corporate relay running race.
FICC and global banking and markets may be impacted.
A new source to identify candidates ?
JPMorgan Chase CEO Jamie Dimon would be fine with having to pay a bit more in taxes.
Standard Chartered was still reviewing if some of its clients were Iranian or Iran-connected entities in 2013, the Financial Times said, saying it had identified transactions that could put the bank at risk of more U.S. penalties.
Commerzbank may have to reinstate a banker fired at the request of a New York regulator as part of a $1.45bn settlement with U.S. authorities after the bank lost an appeal in a Frankfurt court.
European investment banking (IB) revenues have plunged to a 14-year low, new figures show.
London-based banks looking to pack up after Brexit could end up spending as much as $66.5 million to relocate to the EU, a new report says.