A former Swiss asset manager pleaded guilty to helping U.S. clients hide millions of dollars in offshore accounts and avoid paying federal income taxes.
A New York judge this week dismissed a lawsuit filed by the state's attorney general that accused HSBC of ignoring a law designed to protect homeowners from foreclosure.
Nomura has announced that Nomura Institute of Capital Markets Research (NICMR) will enhance the Group’s financial and capital markets research capabilities in Asia with a special focus on ASEAN countries.
Web hosting company GoDaddy will price its initial public offering at $20 per share, above its previously indicated range, to value it around $4.5 billion including debt, Reuters reported on Tuesday, citing sources.
Executive pay is falling in real terms with just under half of chief executives receiving no rise in their salaries this year, according to research by PricewaterhouseCoopers.
Here's the original 'Ronnie The Recruiter' story, re-run by popular demand.
The scale of pay packages being handed out by the UK’s biggest companies was underlined when Prudential revealed its highest-paid employee received £15.4m last year – more than the insurer’s outgoing boss Tidjane Thiam.
The outlook for corporate profits is getting worse, and it's not just about the battered energy sector.
Living standards have been thrust to the centre of the general election campaign as official figures showed Britain is undergoing the slowest recovery since the 1920s and GDP per head still remains lower than levels before the recession.
Elliott Advisors has accused Alliance Trust of using scare tactics to repel its proposed shake-up of the investment company and has stepped up its attack on chief executive Katherine Garrett-Cox.
It is no secret that the Finance industry is among the most lucrative and best paid.
The community banking lobbyist whom Jamie Dimon called a "jerk" likened the JPMorgan CEO to the villainous banker in "It's a Wonderful Life."
Bank of America CEO Brian Moynihan isn't backing down from a controversial fight in his company's home state any time soon.