JPMorgan Chase Chief Executive Officer Jamie Dimon has called the bank’s money-losing London Whale trade 'harpooned' and 'killed'. Today in Washington, it will be revived.
London's financial sector was last night bracing itself for another official investigation into alleged price-fixing following reports that a US regulator is considering launching an inquiry into the City's gold and silver markets.
Relationship Science founder Neal Goldman told CNBC his company has generated an actionable business Rolodex from mining publicly-available information.
The Bank of England warned on Thursday that the next phase of the UK's six-year financial and economic crisis may be triggered by the collapse of debt-laden companies bought by private equity firms in the boom years before the crash.
Some of Britain's banks need more capital, the UK's top banking supervisor told MPs, but stressed the government has not been asked to put cash into bailed out Royal Bank of Scotland or Lloyds Banking Group "at this point".
Drip, drip, drip.
UBS has no plans to sell its U.S.-based wealth management arm, the former Paine Webber brokerage, Chief Executive Sergio Ermotti said on Wednesday.
After four weeks where the market has been dominated by Wreck-It Ralph, Disney scored again with its latest family title, Oz the Great and Powerful.