The Securities and Exchange Commission has charged Deutsche Bank with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions of dollars.
UK consumers are at their most upbeat for nine years on the back of improving job prospects and low inflation, according to the latest report to suggest spending power is recovering.
A number of jobs are said to be on the line.
'I never had a losing quarter, never had a losing year'.
'He was the ringmaster; at the very centre'.
Goldman Sachs has named Kate Richdale and Andrea Vella as its new co-heads of investment banking in Asia excluding Japan, according to an internal memo seen by Reuters on Tuesday.
As many as seven top officials at UBS sold their shares at some of the best prices in years after the bank reached an agreement with U.S. prosecutors ending major legal threats.
The former London mayor rejected claims by the JPMorgan Chase CEO that the U.K.'s exit from the EU would cost jobs.
Michael Gove has fired shots at investment banks and big business in the midst of EU referendum campaigning, saying the EU is rigged in their favour.
The London Stock Exchange (LSE) and Deutsche Boerse are walking a tightrope. As well as attempting to persuade shareholders and regulators to approve their £21bn merger, the tie-up has also attracted passionate interventions from politicians in the UK, Germany and elsewhere.