Two ex-Rabobank traders have been charged by the US Department of Justice with manipulating the Libor rate.
The Securities Exchange Commission on Thursday charged a New York-based trading firm of manipulating the closing price of thousands of Nasdaq-listed stocks from June to December 2009.
A university degree may no longer be the golden ticket to an ideal job in Singapore amid a growing pool of degree holders and fast-changing economy.
Goldman Sachs has reported a 50% jump in third-quarter net profit on Thursday as last month's sudden pickup in bond market activity helped to boost trading revenue.
Blackstone Group said third-quarter profit increased 18% percent as the world’s largest alternative-asset manager collected profits from its biggest buyout fund and sold real estate holdings.
A former UBS executive gave a primer on the workings of Swiss bank secrecy to a Florida jury hearing the tax-conspiracy trial of Raoul Weil, who once ran the bank’s global wealth-management business.
UBS and Nomura were sued by a Japanese school operator for $83m in compensation for losses on derivative transactions.
The 10 largest percentage falls in the history of the FTSE 100
Berkshire Hathaway has further reduced its stake in Tesco after the investment group’s boss, Warren Buffett, admitted buying into the troubled supermarket group was a “huge mistake”.
'This is the final nail in the coffin for European banks'.