The Securities and Exchange Commission has charged Kohlberg Kravis Roberts (KKR) with misallocating more than $17m in so-called 'broken deal' expenses to its flagship private equity funds in breach of its fiduciary duty.
Greece is on course to miss a crucial debt repayment, amid a bitter row with creditors about who is to blame for the breakdown in talks on its eurozone future.
The eurozone’s three biggest countries have raised the stakes in next Sunday’s Greek referendum with an orchestrated warning to voters that a “No” vote would mean exit from the single currency and the return of the drachma.
Men are more likely to work longer hours at work, but women are more likely to complain about it.
Deutsche Bank is considering cutting about 100 jobs in Russia as the country’s economic slump brings dealmaking to a halt, according to people with knowledge of the plan.
HSBC said it was 'monitoring the developments' in Greece after the country imposed capital controls and shut banks to avert financial collapse. HSBC’s $6bn of Greek assets is the most among European banks.
Deutsche Bank said co-Chief Executive Officer Anshu Jain didn’t mislead Germany’s central bank during an investigation of Libor rigging.
Bill Gross is here for his favourite doughnut, the cake one with coconut frosting, but he’s not going to get it, not today.
Three traders suing the U.K. Financial Conduct Authority over improper identification in bank settlement notices were given the green light by a London judge to proceed with their cases.
HSBC has hired Lilia Karboub from Deutsche Bank to trade credit-derivatives indexes in London, according to two people familiar with the matter.
Lloyds Banking Group and supermarket Asda among big winners.
Working nine till five is no longer the way to make a living, a new study suggests.
Jonathan Mathew, one of five former Barclays Plc employees accused of manipulating Libor, says he was pressured by his boss to lie about complying with requests from other traders to manipulate the benchmark rate.