When Chuck Prince was CEO of Citigroup from 2003 to 2007, he didn’t know about a surge in mortgage risk that his own investment bankers loaded on to its bank’s books.
A $1.6bn collateralized debt obligation issued by Vertical Capital LLC in March 2007 with the same name as a portion of the beach at St. Tropez, France, burned out just 228 days after it was issued.
A new report by a non-profit government watchdog group says former SEC employees, hired away from the Commission by the private sector, "routinely" help their new employers to influence the agency and blunt SEC enforcement actions.
And the Clippers are the least... Our new NBA writer Oswin Knuckles explains all.
Manchester United manager Sir Alex Ferguson and Real Madrid’s Jose Mourinho are widely regarded as the very best in the business.
How will Real Madrid line-up at the Bernabeu against Manchester United?
All of the latest news from Spain’s top division.
In 'Company News', Bloomberg's Scarlet Fu reports on Tuesday's top business stories of the day.
Sheila Bair, former FDIC Chairman, discusses the Department of Justice's lawsuit against Standard & Poor's alleging credit rating fraud.
Barclays will cut 3,700 jobs to reduce annual costs as CEO Antony Jenkins revamps the lender following its fine for interest-rate manipulation.