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BofA, Barclays profit when others decline in Russian deals

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Investment banks earned the least since 2002 from Russian corporate deals last year as sanctions and low oil prices curbed transactions, according to the consultancy Freeman & Co. Domestic lenders garnered more than half of the commissions for the first time as international firms retreated.

Fired Morgan Stanley professional seeks to avoid jail

Computer Hacker

A fired Morgan Stanley financial adviser facing prison for downloading data on hundreds of thousands of customer accounts to a home server says he’s been told the bank 'suspected' Russian hackers got access to the information and offered to sell it on the Internet.

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BofA, Barclays profit when others decline in Russian deals

Investment banks earned the least since 2002 from Russian corporate deals last year as sanctions and low oil prices curbed transactions, according to the consultancy Freeman & Co. Domestic lenders garnered more than half of the commissions for the first time as international firms retreated.