Google's C-suite has a lot of money, and it enjoys spending it.
More billionaires have been born in New York City than in any other city in the world, according new research by U.K.-based luxury magazine Spear's and research company WealthInsight.
September 16 2008 was the day central banks stopped being boring. The day Lehman Brothers went down was the cut-off point between conventional monetary policy – moving official interest rates in baby steps to keep inflation low – and unconventional monetary policy.
One of the financial world's largest ever mergers was effectively unwound on Tuesday as BHP Billiton said it was demerging key assets from its $190bn (£114bn) mining conglomerate – triggering another huge payday for the banks.
The court also heard that he blew £230,000 playing the tables at the Playboy Club after he falsely claimed to have £1m sitting in his account.
Corey Griffin was ecstatic when he called his father Friday night from Nantucket Island. The 27-year-old had just raised $100,000 to fight ALS in honor of his friend, Pete Frates, whose struggle with the disease turned the Ice Bucket Challenge into a viral sensation.
Bank of America's Thomas K. Montag, the bank’s top-paid senior manager, will become sole chief operating officer as co-COO David Darnell takes a new title so he can move to Florida.
A former Rabobank senior trader pleaded guilty in New York to conspiring to manipulate a benchmark interest rate tied to trillions of dollars of securities to benefit his trading positions, the U.S. said.
Standard Chartered is set to pay $200-$300m to settle failed high-risk transactions review allegations by New York Department of Financial Services.
The UK's annual inflation rate fell more sharply than expected in July, dimming the prospects of an interest rate rise in 2014.
Next has been criticised by a group of heavyweight investors who say the company failed to act on a warning that could have prevented it from breaking company law, forcing the retail group to hold an expensive shareholder meeting this week.
An unfashionable area now the place to be.
One banking chief has revealed he might not be receiving as hefty a bonus as he might be accustomed to this year.