Labor says Australia's NSW Premier Mike Baird needs to say whether his office offered any 'inducements' to investment bank UBS before the firm allegedly watered down a potentially damaging report on his electricity privatisation plans.
Morgan Stanley won more than 90 prime-broking mandates from hedge funds in Asia last year when rivals slowed expansion under tighter bank capital and liquidity rules.
TSB has agreed a £1.7bn takeover by Spain’s Banco de Sabadell, with Lloyds Banking Group selling its 50% stake in the UK bank.
Bank Of New York Mellon reached a settlement over fraudulent foreign exchange practices, agreeing to pay $714 million to resolve the cases.
A former City trader was sentenced to 19 months in prison on Thursday for his part in an insider trading scam involving multiple mobile phones, clandestine meetings in City pubs and payment for a luxury car and holiday.
Lord Green, the man who headed HSBC during the period when its Swiss bank helped wealthy customers dodge millions in tax, said he was “plainly not” asleep at the wheel in fresh extracts from his first public comments since the scandal broke.
The strategies that worked the last time the Fed raised rates could be very risky this time around, one bond guru warns.
Every day about 4,000 people visit the Gold and Silver Pawn Shop in Las Vegas-the site of the reality show "Pawn Stars." Yet despite that success, the show's star and the shop's owner, Rick Harrison, isn't sitting still.
Banks and accountants that aid tax evasion will face criminal penalties under plans unveiled by the government.
It’s a pretty extraordinary prospect.
Barclays is denying claims that the bank's senior staff want employees to boost morale with a friendship survey.
Goldman Sachs defended its strategy of waiting out the downturn in fixed-income markets, issuing a preemptive strike ahead of first-quarter earnings against those who argue that revenue from the business doesn’t justify the investment.
Britain’s competition regulator has called on the European commission to block the owner of Three’s £10bn acquisition of O2 or force the combined mobile phone operator to break itself up to protect consumers.