Galleon Group hedge fund founder Raj Rajaratnam plans to formally ask a U.S. judge to throw out his 11-year prison sentence and void many of the 14 counts for which he was convicted in his insider trading case.
I attended a rather grand reception in the City a month ago and there I met a younger salesman from HSBC.
An ex-Deutsche Bank broker found guilty in a massive tax fraud got his conviction tossed on Monday because one of the jurors who found him and others guilty lied about nearly every aspect of her life.
Standard Chartered CEO Bill Winters, on his first day in the job, pledged to eliminate 'waste and excess' at the bank, while boosting capital.
Goldman Sachs is cutting at least three banker jobs at its wealth-management business in Brazil as part of a restructuring, according to people with direct knowledge of the matter.
So, marks out of 10, what would you award the UK and Hong Kong for “long-term stability”? We Brits win that one, surely, if we’re talking political stability: possible exit from the EU looks more comfortable than having the Chinese Communist party breathing down your neck.
Here's why Sen. Elizabeth Warren's criticism of SEC chair Mary Jo White is just plain wrong, says Harvard Professor Hal S. Scott.
Shares of China National Nuclear Power (CNNPC), a unit of one of the country's two state nuclear reactor builders, rocketed by 44 percent in its debut on the Shanghai Stock Exchange on Wednesday.
Drip, drip, drip.
'We recognize that the world has changed and we need to change with it'.
The board of Royal Bank of Scotland survived a potential shareholder revolt over executive pay packages yesterday, but warned of continued difficult times ahead as the loss-making bank continues to look to slash costs.
A power woman on Wall Street gives up her job as a stockbroker and portfolio manager to open a cooking school.
Standard Chartered would risk a staff exodus if it cut bonuses, Chairman John Peace said on Wednesday, responding to investor anger over high pay when the bank's shares have tumbled and there will be no final dividend for 2015.