Lower oil prices will be sustained throughout 2015 but don't expect any boost for the majority of the world's countries, according to a global growth forecast from Moody's Investor Service.
Club owner and current Tory donor Richard Caring broke his silence on Tuesday about the £2.25m he collected in cash from HSBC’s scandal-hit Swiss bank.
From $30bn to minus $1.2bn in less than 3 years.
But not everyone!
Turney Duff, now five years sober, talks about how c.caine crushed his trading skills-and cost him and his firm millions.
CEO Lloyd Blankfein presents the argument that the investment giant is a seller of stability, despite its embattled reputation.
UBS has confirmed it is being investigated by US authorities into whether it helped Americans evade taxes through investments banned in the US.
Two JPMorgan Chase employees were charged in Germany over the sale of swaps to the city of Pforzheim that resulted in 57 million euros ($64 million) of losses, prosecutors said.
New York's financial regulator has sent subpoenas to Goldman Sachs, Credit Suisse, BNP Paribas and Societe General, expanding its probe into the possible rigging of foreign exchange rates through computer programs, people familiar with the matter said.
Kenneth Griffin, whose Citadel hedge funds manage $24 billion in assets, said in a letter to investors Monday that he is approaching 2015 with "vigilance" in light of tumultuous market circumstances.
Bank of America and its Merrill Lynch unit will pay $14m to settle lawsuits claiming that they forced financial adviser trainees to work 60 hours and more per week, including on weekends, without paying them overtime.
In recent months, venture capital firms and mutual funds have become choosier about which technology startups they’re prepared to back. Now hedge funds, after helping push valuations to dot-com-era heights, are getting more picky, too.
Credit Suisse CEO Tidjane Thiam received $4.7m for his first six months on the job, when he mapped out a strategy for the Swiss bank that he has since been forced to accelerate.