Robert Madsen, one of four whistle-blowers in the federal government’s $16.65bn civil settlement with Bank of America, said keeping secret his cooperation with federal prosecutors for nearly four years had not been easy.
JPMorgan will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder activist who has seen a draft.
Females who work as investment banking analysts don't keep up with their male counterparts when it comes to landing hedge fund jobs.
When a 17-year-old high school genius in Queen says he made $72m trading, and people believe him, then people don’t understand how finance works.
Hedge funds have managed to weather the market's wild rides over the last two months, posting a performance related increase of $29 billion.
The global initial public offering (IPO) market was on a roll this year, as companies sought to take advantage of the rising stock market and strong investor appetite.
The Financial Services Information Sharing and Analysis Center, or FS-ISAC, ensures that cyberattacks like that suffered by Sony do not hit banks.
Benjamin Lawsky announced changes Thursday to the proposed BitLicense for companies operating in bitcoins or other virtual currencies.
'There’s not much evidence costs are being cut quickly and aggressively enough'.
Someone's going to get a big bonus!
For Shiwei Zhou, it was partly the sense of obligation toward after-work drinks and talk of ice hockey. William Su felt his career was stuck after four years in the same role. QJ Guo wanted to be near his parents as they age.
Deutsche Bank, which runs Europe’s biggest investment bank, cut its bonus pool by 11% after rising legal expenses hurt earnings last year and said volatility in financial markets means the first quarter may be challenging.
Who's the 'dude' ?