The EU's chief Brexit negotiator has indicated signs of a softening his previously hardline stance of the UK's exit from the union, letting slip a desire to allow member states access to the City.
Former Jefferies Managing Director Jesse Litvak lied to customers who sought to buy mortgage bonds at the best possible price, defrauding pension funds, retirement accounts and even the U.S. Treasury to enrich himself, a jury was told as a verdict neared.
The world’s largest fund manager is threatening to unleash a fresh wave of shareholder rebellions in the UK unless Britain’s largest companies rein in excessive boardroom pay.
Moody’s Corp. agreed to pay almost $864 million to resolve a multiyear U.S. investigation into credit ratings on subprime mortgage securities, helping to clear the way for the firm to move beyond its crisis-era litigation.
One of the most famous pieces of football commentary came at the end of a match in Oslo more than 35 years ago in which unfancied Norway beat England 2-1.
A guide to working with difficult managers.
The Securities and Exchange Commission has announced that Morgan Stanley Smith Barney has agreed to pay a $13 million penalty to settle charges that it overbilled investment advisory clients due to coding and other billing system errors. The firm also violated the custody rule pertaining to annual surprise examinations.
Bank of Nova Scotia’s global head of energy, Adam Waterous, is leaving to start a private equity fund focused on the oil and gas industry.
The first wave of earnings reports has rolled in, and they are "good enough," with Bank of America , PNC and JPMorgan all beating on the bottom line, while Wells Fargo at 96 cents was a bit shy of the $1 consensus.
Wells Fargo posted earnings Friday that on the surface looked lousy. But investors stood up and cheered.
Maybe I’m being naïve.
JPMorgan Chase wrongfully fired a financial adviser in retaliation for publicly complaining that managers pressured him to sell the bank’s own investment products, a federal investigator found.
Deutsche Bank has turned to social media feeds such as Twitter and LinkedIn to find promising millennials who could be persuaded to consider a career in finance.
Mizuho International plc (Mizuho International), the London based securities and investment banking arm of the Mizuho Financial Group, Inc. (Mizuho Group) has appointed Borja Rivas as Managing Director, Head of Derivatives Risk Solutions EMEA.
Here's 9 glib things line managers say to staff when they are handing out a bad bonus.
The World Economic Forum's (WEF) flagship annual report surveyed 750 experts to identify the most significant global concerns. Here are the top five:
The Bank of England looks set to upgrade its forecasts for the UK economy after admitting that some of the risks posed by the Brexit vote last June have now receded.
Employers make judgments about you within moments, so use that to your advantage.
When Max Levchin is interviewing prospective managers, he always asks three questions: "Have you ever done a layoff? How'd you do it? How did it feel?"
The London Metal Exchange, the world’s biggest metals bourse, failed to start electronic trading on Thursday morning because of system issues, according to brokers with knowledge of operations. It was the second outage in less than six months.
Citigroup CEO Michael Corbat asked investors for more patience on Wednesday in explaining how the bank failed to meet four-year-old performance targets, even as vibrant markets drove profits higher in the fourth quarter.
Richard Fuld is backing a multifamily office that will help small-business owners manage their personal wealth, part of a comeback effort by the former head of failed investment bank Lehman Brothers.
State Street agreed to pay $64.6 million and cooperate in the U.S. prosecution of former executives, while admitting it overcharged six clients in Europe, Africa and the Middle East. The Boston-based bank also agreed to appoint a compliance monitor.