A prominent member of the Saudi royal family is at the heart of a US criminal probe into whether Barclays made improper payments in the kingdom, with ...
In the world of high finance, instilling a culture of integrity is not an easy sell, but it is a necessary one. As we have seen over the past years, too much is at stake.
Like most Brooklynites, I didn't break out the champagne when Jay-Z officially opened the Barclays Center arena. Quite the contrary: This odious monstrosity represents the death of a vibrant, diverse culture at the hands of a corporate monolith.
Despite widespread crime of various types across all classes of society, most Americans polled were comfortable trusting their own "moral compass." Let's see how we did with that in July.
Where is Eliot Ness, the incorruptible U.S. Treasury agent who went after Al Capone, when we need him? Had regulators of the Eliot Ness mold been on duty, two major banking scandals still unfolding might never have happened.
The behavior of the largest banks is not only rapacious and destructive to the social fabric, it is also stunts economic growth. They are not investing the huge resources they have accumulated in ways that would stimulate the economy.
(Corrects to show change referred to Barclays standalone rating not debt rating) * Moody's cuts outlook on C-/baa2 to negative from st...
Last week, Gillian Tett of the Financial Times wrote how five years previously, she and her fellow journalists were intimidated into backing off of a huge story about banks manipulating LIBOR.
If a bank can manipulate such a vast market, is it not conceivable that a national entity, whose economy is deeply tied to oil prices, might well attempt to bring about an analogous manipulation?
So, what do you get when you combine Mitt Romney, expensive horseflesh, fancy dinners and a financial scandal in the City of London?
LONDON -- Barclays PLC revealed Friday that it is slashing its bonus pool after earnings at its investment banking division fell sharply and dented ov...
Brazil's biofuel drama is a reminder that solutions packaged in green wrappers fail to scale with billions facing starvation in the Americas, Africa and Asia.
The relationship between the UAE and Britain manifested everyday and goes far beyond a single element. It is rooted in mutual respect. And it extends to issues of global security, culture and education.
A former hedge fund manager shot himself on a Spanish beach to avoid being arrested over an alleged £249million Ponzi scheme. Dieter Frerichs, a Ger...
First, let your greed overcome all regard for the stability of the global market, and overcome your aversion to illegal activities. Then say away from people like me, because I'd like to see you thrown in jail.
Over the last five years, the MTA has been trying eagerly to sell the rights to the names of subway stations. On Monday, they finally succeeded. After...
Supposedly "managed futures" herald the dawn of an enlightened age for investments but what the heck are they and why are corn and interest rates being uttered in the same breath?
May 18 (Bloomberg) -- BlackRock Inc. and Bank of New York Mellon Corp. are competing to become the world's biggest money manager as stock markets show...
"It just made us feel that in the end the Americans just looked after themselves and shafted us," one British executive at Lehman London told me. "All this talk of 'we are one bank' had amounted to nothing."
NEW YORK — A bankruptcy judge decided early Saturday that Lehman Brothers can sell its investment banking and trading businesses to Barclays, th...
NEW YORK — As the outlook for Lehman Brothers dimmed Sunday, U.S. and foreign banks were pressed to create a plan aimed at inoculating the globa...
Barclays Bank Plc (BARC.L) on Wednesday accused Bear Stearns Co Inc (BSC.N) of using two hedge funds that collapsed last summer as places to unload tr...
