A former Credit Suisse banker and a Swiss trust firm founder who pleaded guilty were spared prison after helping the U.S. government build a $2.6bn criminal tax case against the bank.
Gordon Dyal, the co-chairman of Goldman Sachs' investment banking division, has decided to retire, according to a company memo seen by Reuters.
Six managing directors at the Dutch bank ABN Amro have renounced a $109,000 bonus after a 'public commotion', the bank says.
An HSBC worker claims the bank giant denied him a bonus as part of an ongoing campaign of retaliation for speaking out about harassment against a colleague, according to new court papers.
The Securities and Exchange Commission has announced charges against a New York-based brokerage firm responsible for underwriting a public offering despite obtaining a due diligence report indicating that the China-based company’s offering materials contained false information.
A former manager of Barclays in Italy Vittorio Maria De Stasio and businessman Aldo Bonaldi were sentenced to jail by a court in Milan on Friday on corruption charges.
The Bank of England will this week reveal a tougher set of stress tests for the nation’s banks that could put Standard Chartered under pressure to raise capital and place more lenders under scrutiny.
The U.S. economy looks as if it's headed for another good year, according to the latest forecast from a group of business economists.
Sports Direct’s board is dysfunctional and does not provide a sufficient check on the powers of the retailer’s founder and executive director, Mike Ashley, the Institute of Directors has said.
Bank of New York Mellon directors have been quizzed on whether they initiated a hunt for a new chief executive, according to people familiar with the matter, in the latest intrigue to hit the custody bank.
Sir Martin Sorrell, the chief executive and founder of advertising giant WPP, has launched a passionate defence of his controversial £63m bonus deal in the wake of last week’s explosive start to the annual general meeting season.
The world’s biggest oil producers will huddle in Doha on Sunday in a rare off-scheduled meeting where discussion about what they can do to staunch the continued global surplus of crude oil that’s weighed on prices for nearly two years.
Banks, miners, energy groups and building materials specialists are among companies in shareholders’ sights as discontent mounts over exorbitant pay deals for boardroom bosses.