This is the case for the first time in history. Shocked ? We are!
Phillipp Villhauer was the head trader at SAC Capital Advisors LP who allegedly helped the firm founded by Steven A. Cohen make $276m on trades that led to the arrest of an ex-hedge fund manager for insider-trading, according to two people familiar with the matter.
Millions of slightly unsavvy social media users now have regrets over revealing too much information over the internet, research has revealed. A study into the online behaviour of 2,000 over 18s found one third wish they had kept certain photographs or profile information to themselves.
Of the many Dec. 31 deadlines facing Washington, at least one is getting pushed out, according to regulatory officials: The final draft of the Volcker Rule.
Bank of England policymakers are concerned that Britain's banks are sitting on hidden losses and should be forced to raise fresh capital to bolster their financial positions.
Barclays has admitted it "terminated" the employment of five people involved in the Libor scandal and conceded it is reviewing as many as 80 other financial instruments where it helps to set the price.
Celebrating their 140th Anniversary, this festive tradition provides a fitting finale to their special year.
Gareth Bale is the most valuable player that Tottenham Hotspur have. They must not sell him at any price.
Arsenal have been discounted from the chase for Klaas-Jan Huntelaar by Schalke.