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.
The 'fist bump' - the greeting used by U.S. presidents, sports stars and rappers - has been given a clean bill of health, according to university scientists who released new research Monday showing that it could be more hygienic than the formal and business-like handshake.
His current net worth is $33.3bn.
What’s white, male, straight, and occasionally hangs out with Asian guys? Silicon Valley.
Goldman Sachs is spearheading an effort among Wall Street's leading banks to develop a chat tool called 'Babble' that could replace the instant messaging service on Bloomberg's ubiquitous terminals.
A former Bank of America derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7tril municipal bond market.
A former middle manager at Citigroup's Banamex unit in Mexico denied he was involved in abetting a corporate loan fraud involving oil pipeline maintenance company Oceanografia.
HSBC, Deutsche Bank and the Bank of Nova Scotia have been accused of attempting to rig the price of silver in the latest price fixing scandal to rock the banking industry.
Lloyds Banking Group has agreed to pay fines totalling $370m to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a government lending scheme.
Morgan Stanley Southeast Asia investment banker Nehchal Khanna is leaving the firm after more than five years, according to people with knowledge of the matter.
The dealmaker who played a key role in finding backers for Barclays’ emergency fundraising during the 2008 financial crisis has filed a lawsuit against the lender and is reportedly seeking nearly £1bn.
Dealmaking in America's oil patch plunged in Q4 as corporations preserved cash in the face of falling crude prices and tight capital markets.