Raising UK interest rates soon simply isn’t cricket, the Bank of England’s chief economist has declared, in an intervention that swapped the spreadsheet for the Wisden almanac.
If Goldman Sachs is any guide, the luster of Wall Street may be returning.
Credit Suisse announced on Friday appointments to the Executive Board, changes to the leadership of its Investment Banking Division, and the appointment of a new CEO of Asia Pacific.
The wife of former SAC Capital moneyman Mathew Martoma doesn’t think she should have to give up her luxurious lifestyle just because her husband orchestrated the most lucrative insider trading scheme in history.
An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme.
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.
Bank of England governor Mark Carney has said the Bank does not yet consider negative interest rates to be an appropriate stimulus measure for the UK.
Bruno Iksil, the former JPMorgan trader who became known as the “London Whale” as his unit began generating more than $6.2bn in losses in 2012, surfaced on Monday to say he isn’t responsible for the debacle.
UBS said a five-year French probe into allegations it helped clients evade taxes has been completed, bringing the bank a step closer to facing a possible trial and fine.