Former Societe Generale trader Jerome Kerviel was sentenced to three years in prison for his role in France's biggest rogue-trading scandal on Wednesday and ordered to repay the bank $6.35bn.
In March 2008, the Justice Department made an extraordinary request: It asked a judge for permission to record secretly the phone conversations of Raj Rajaratnam, a billionaire hedge fund manager.
Citigroup, which last week ousted CEO Vikram Pandit over management missteps, is staging a comeback in corporate-bond underwriting as it helps overseas companies borrow in the U.S.
Securities and Exchange Commission Chairman (SEC) Mary Schapiro spoke with FOX Business Network (FBN) about the highly controversial Volcker Rule and about her plans for the future.
Phoenix Marketing International, one of the top research companies in the U.S., has announced the addition of a social networking module to its syndicated programs conducted at least monthly across the financial services industry in Canada, Europe, the UK and the US.
Here are links to last week's top 20 stories.
It has today been reported that cash rich Paris St. Germain are planning a double swoop for two of South Western Europe's hottest properties.
The Montpellier and France defender is a coveted player across Europe but it seems AC Milan is the object of his affection. With the Italian side openly admitting their desire to chase a French-based defender Arsenal may miss out to Serie A for the versatile 23-year-old.
Champions League football has returned to our screens, with TV station executives across the globe licking their lips at the prospect of high viewing figures and even higher advertisement revenue. But did you know that the Twenty20 Cricket Champions League finals in South Africa have been on our screens since the 9th October?
Real Madrid legend Zinedine Zidane has played down recent reports that he is becoming “disillusioned” with life at the Bernabeu.