The trustee rounding up funds for victims of Bernie Madoff's Ponzi scheme is seeking court approval to return another $322 million, bringing the total returned to more than $7 billion.
UK retailers are facing increased financial stress this year as the big supermarkets fight a price war that has forced the rest of the high street to slash prices and squeeze profit margins.
The bitcoin entrepreneur Charlie Shrem has been sentenced to two years in jail for his part in a money laundering scheme, after a bitcoin exchange he ran was found to be aiding users of the Silk Road black market.
Redeploying resources to areas and clients needed most.
And yes, she was dead.
'I can only apologise unreservedly for any losses or unfulfilled expectations of profit'.
Bradley Birkenfeld, the former UBS banker who won a $104m whistle-blower award after serving time in U.S. prison for tax conspiracy, now wants to move back to Europe before his term of probation is set to end.
JPMorgan published a 96-page report saying the bank has sought to strengthen its corporate culture after a shareholder group led by the Sisters of Charity of Saint Elizabeth asked for more transparency around controls.
Mohammed Islam, a 17-year-old high school senior, faced a camera in the fluorescent-lit offices of his press representatives and told an audience of strangers that his father wasn’t speaking to him: “My dad’s always told me to be truthful and I went against everything he said. I can’t even express how I can’t speak properly to him any more”.
Bank of America CEO Brian Moynihan on Friday defended the bank’s decision earlier this year to give him the chairman’s title, saying the lender’s board was following best practices for corporate governance.
Senior investment bankers Zubaid Ahmad and Brad Coleman will be leading a new group at Citigroup focused on better serving clients that are private equity firms, hedge funds and sovereign wealth funds, according to a memo seen by Reuters on Wednesday.
Businesswoman Sarah Garrett co-founded diversity events and publishing company Square Peg Media and is the driving force behind the British LGBT Awards.