Julian Rifat, a former trader at Moore Capital Management who was once named in a list of 'Institutional Investors That Matter', pleaded guilty to insider dealing at a London court.
Tullett Prebon has confirmed that the City watchdog is investigating its use of wash trades, or deals used purely to trigger a fee for the brokerage.
Global growth is unlikely to rebound in the next two years, ratings agency Moody's said on Monday, as a slowdown in China and a troubled euro zone weigh on activity.
Kurt Geiger will add a London flagship store early next year to its growing empire of shoe shops around the world following a jump in sales boosted by its Bond & Britton heels and Saffiano handbags.
A former deal manager at JPMorgan Chase who was laid off in 2008 said she witnessed a "massive criminal securities fraud" while working at the bank during the years that lead up to the financial crisis but was forced to stay silent, according to Rolling Stone.
Sir John Peace, chairman of Standard Chartered, has said the embattled bank can turn round its performance without a radical overhaul – although he conceded that it needs to show more humility.
Taxpayer rescues of the banking sector will be a thing of the past, the governor of the Bank of England is expected to say on Monday before meetings to back a new deal for lenders considered “too big to fail”.
Sir Maurice Hodgson, who has died aged 94, was a reforming chairman of ICI during the 1970s and 80s, despite a serious eye complaint that left him close to blindness.
If ever a company needed a boost, it’s Tesco.
Warren Buffett's Berkshire Hathaway posted third-quarter earnings of $2,876 per share, topping estimates for $2,594 per share, on Friday.
Workers looking for jobs in 2035 might consider retraining as remote-controlled vehicle operators or online chaperones.
Two out of five UK workers (38 per cent) earned less than the average home in the last 12 months, a new study by Post Office Money claims.
Royal Bank of Scotland's chief executive Ross McEwan is to give up half of his £1m allowance to charity for the third year in a row amid an annual pay row at the bank.