The U.S. Securities and Exchange Commission alleged that 36 underwriters, including Wall Street’s biggest banks, sold bonds for municipalities that failed to make adequate financial disclosures to investors.
The specter of a run on Greek banks is looming, as yet another round of talks spark concerns about their ability to secure further ECB assistance.
Thomas Hayes, a former trader on trial over charges he manipulated benchmark rates, told prosecutors in 2013 that UBS distributed 'an instruction manual on fixing Libor' to suit their trading positions.
Great job guys, but how will you get your van out ?
Far too often, C-levels lose sight of the task and get too comfortable, completely disregarding the possibility of getting the boot.
Royal Bank of Scotland apologised to its customers on Friday as it resolved the IT problem which caused money for around 600,000 of them to go missing from their accounts.
Mitsubishi UFJ Financial will buy a UBS unit that provides services to alternative investment funds for as much as $244m to expand its administration business.
Look at the attendance list for this week’s St. Petersburg International Economic Forum, Russia’s annual showcase for global investors, and you’ll notice a couple of things.
A week ago 175 people at J Crew’s corporate headquarters in New York received pink slips and were told they had no jobs to come back to the next day.
Royal Bank of Scotland cannot rule out suffering another meltdown in its computer systems despite pledging to spend £150m a year making them more resilient, one of the bank’s most senior executives said on Thursday.
Sir Philip Green is scheduled to appear before MPs on Wednesday for one of the most eagerly-anticipated parliamentary hearings since they were first televised in 2002.
The old corporate freebies and jollies are potentially on the wane and the corporate boxes are perhaps a little bit thinner this year.