Jerome Kerviel has spent years insisting he wasn’t solely to blame for the record trading loss that almost sank Societe Generale. The French legal system that sentenced him to three years in jail is starting to agree.
Bank of America has promoted Ashok Krishnan to lead electronic trading worldwide.
HSBC has confirmed for the first time since last week's referendum that the UK vote to quit the European Union will not lead to the bank moving its headquarters from London.
JPMorgan on Wednesday won the dismissal of three private antitrust lawsuits, including from hedge fund manager Daniel Shak, accusing the bank of rigging a market for silver futures contracts traded on COMEX.
Mergers and acquisitions may become a less attractive option after a record number of deals failed this year, according to analysts at Goldman Sachs.
The European Union has suffered a downgrade of its long-term credit rating following the UK’s Brexit vote last week.
Mark Warburton’s Glasgow Rangers recently signed Clint Hill on a free transfer.