Goldman Sachs denied gender bias in compensation and tolerating a 'boys’ club' atmosphere of excessive drinking and strip-club trips as it sought to quash a bid to unite female associates and vice presidents in a class action for discrimination.
UBS on Tuesday became the latest bank to say it is cooperating with inquiries about alternative trading system, also known as 'dark pools', from various American regulators.
Antony Jenkins’s two-year report card is due tomorrow, and it’s shaping up to be a bleak read.
The average company boss is 54 years old, male and studied economics at Oxford, Cambridge or Harvard, according to a survey of management in eight countries.
Lloyds Banking Group has suspended seven employees after it was hit with a £226m bill from regulators on both sides of the Atlantic for rigging crucial interest rates.
UBS said on Tuesday that second-quarter profit rose nearly 15% despite muted client activity during the quarter and additional charges for litigation and regulatory inquiries, including the settlement of a German tax investigation.
Deutsche Bank reported revenue from debt trading that beat analysts’ estimates in the second quarter as pretax profit rose 16%.
In the wake of Michael Lewis' "Flash Boys," there have been several hearings on equities trading. This one is a little different, though. Here's why.
The Libor-rigging scandal took a new twist on Monday when Lloyds Banking Group faced accusations of unlawful behaviour after being ordered pay compensation to the Bank of England for manipulating the fees it paid for emergency funding during the height of the banking crisis.
JPMorgan found the perfect suitor for a big book of loans it had made around the world but wanted to get rid of: Bain Capital.
Bank of America is trying to steal a march on the latest developments in the technology behind digital currency bitcoin by loading up on blockchain-related patents.
Navinder Singh Sarao, dubbed the Hound of Hounslow by newspapers after his arrest for allegedly manipulating markets, has a few academics on his side as he goes back to court next week.