Compensation at the world's biggest banks rose last year, with 35 of them spending a combined $13.1bn more on staff than in 2011, figures compiled by Reuters show.
In this clip from the March 10, 2009 edition of CNBC's Squawk on the Street, the late Mark Haines tells Erin Burnett, 'I think we're at a bottom. I really do'.
When it comes to possible losses from corporate loans, no other bank even comes close to Goldman Sachs.
Citigroup's Moscow-based equities head Igor Kan and sales chief Anatoly Darakov are leaving the bank, according to three people with knowledge of their departures.
Unique among the banks, Bank of America actually came in higher than the Fed on trading losses.
This info-graphic tells 5 amusing celebrity break-in stories, from Paris Hilton's $2m loss due to 'leaving a spare key under the doormat', to LL Cool J's foiled robbery where the would-be thief came away with a lot less than he bargained for - although he did gain a broken jaw!
Zvi Goffer, a former Galleon Group LLC trader whose 10-year prison term is the third-longest sentence in a recent federal crackdown on illegal insider trading, will ask an appeals court Monday to reduce his sentence.
Analysts at Standard & Poor’s, the ratings firm accused by the U.S. of misleading investors about the risks of mortgage bonds that helped ignite the financial crisis, were arguing the merits of their views on debt opinions, not committing fraud, President Doug Peterson said.
Reigning Superbowl champs Baltimore Ravens may have more than just the loss of Ray Lewis from their defence to deal with.
Luis Suarez’s spat with Mousa Dembele yesterday is an example of the only thing holding Luis Suarez from being a complete model professional.