Ex-Jefferies Managing Director Jesse Litvak, deemed an 'elite' fraudster by prosecutors for being the only person convicted of fraud over a $20bn government bailout program, was sentenced to two years in prison for lying to customers about mortgage-backed securities.
Bank of England policymakers are growing increasingly uneasy about the UK's record low interest rates – but signalled on Wednesday that the first rise will not come until real wages start to recover.
Macquarie Group said earnings at its securities division will probably fall this fiscal year after markets slowed in the three months through June.
China is a honeypot for drug and cosmetic firms. Chinese consumers, hurt by a succession of contamination scandals, have little trust in domestic operators.
General Motors has announced another six safety recalls covering another 717,950 recent model vehicles in the US and pushing its worldwide total of recalls for this year past a record breaking 40 million.
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Vince Cable's attempt to use positive discrimination to get more women into the boardrooms of major companies has been thwarted by the Equalities and Human Rights Commission (EHRC), which has ruled out the use of all-female shortlists.
'Wide-ranging remedial action' appears to have been required.
'The trust in senior management has been suffering for a long time'.
cer Financial has been named the 2014 Best Recruitment Firm, Operations by global financial website HITC.
Staff absences are now costing businesses more than £500 per worker, but employers are still not doing enough to protect their employees' wellbeing.
Tim Leissner, the Goldman Sachs executive who helped build the investment bank’s Malaysia business, has relocated to Los Angeles and is on personal leave, people familiar with the matter said.
Royal Bank of Scotland is to take a financial hit of nearly £7bn after announcing a string of charges for legal bills, compensation and a payment to strengthen its pension fund.