Back in the good old days, SAC Capital paid its traders large bonuses when they made the firm massive amounts of money. In many cases, that money was earned through less-than-ethical and sometimes illegal means...
Are you a student who wants to work in finance? Now’s the time for you to hone your pitch. – Banks everywhere are accepting applications (we have a Singapore/Hong Kong deadlines timetable here and a London deadlines timetable here...
The Faroe Islands, part of the Kingdom of Denmark, won’t observe European Union sanctions the country says make no economic sense as its fish farmers predict a surge in exports to Russia...
China Huaxin and Alcatel-Lucent have jointly established a controlling company, which will be responsible for the global operation of Alcatel-Lucent's enterprise business. China Huaxin holds a 85% stake in the joint venture, while Alcatel-Lucent owns the remaining 15% stake...
Investors who quickly read their brokerage statements and just glance at the bottom line have reason to look more closely, even at portfolios that are less active: There’s a risk that cyber thieves could hack into your account and wire money to their own accounts, or make unauthorized trades to m...
Facebook has long attempted to be the place where, above all else, you try to be yourself...
Barclays Plc (BARC) agreed to pay $20 million and cooperate with a group of Eurodollar-futures traders suing other banks, to settle litigation over manipulation of the benchmark London interbank offered rate. The accord, reached Oct...
Want to make your mark in M&A – or maybe restructuring, at a smallish house, possibly from the U.S., with a frontier-type attitude, preferably in the City? You’re in luck. Financial News says they’re cropping up like Cronut vendors in 2013. Firstly, Stephens Europe is expanding...
Despite pockets of hiring, Wall Street continues to hemorrhage jobs. But on the plus side, those who remain employed at New York banks still get paid handsomely. Over the 12 months ending in August, New York’s securities industry lost 2,600 jobs, according to New York Comptroller Thomas DiNapoli...
Members and staff of the U.S. Commodity Futures Trading Commission are weighing whether to require that contracts for non-deliverable forwards be guaranteed at clearinghouses that accept collateral from buyers and sellers...
Thomas Eric Duncan, the first person diagnosed with Ebola in the U.S., died from the virus while in isolation at a Dallas hospital. Duncan was diagnosed with the disease on Sept. 30 after contracting it in West Africa, where Ebola has infected about 7,500 people, killing half...
When Nigeria was hit by its first outbreak of the Ebola virus, health workers monitoring suspected cases armed themselves with mobile phones and an Android app that cut the time it took to report the onset of symptoms...
Yesterday Fiat officially announced its plans to complete the merger with its US subsidiary on October 12, before the debut at NYSE expected on October 13...
You want to work for a Swiss private bank. If pay is your priority, which one should you go for? Thanks to last month’s publication for the first time ever of the results for Pictet, Lombard Odier and Mirabaud, we now have some definitive answers on Swiss banking salaries...
WASHINGTON (MarketWatch) — There’s no big surprise that the United States is the destination with the highest appeal to foreign workers. But, as a map of the Group of 20 countries shows, it’s the U.K., and not the U.S., that holds the most appeal for Chinese workers...
A merger with Rio Tinto is a no-brainer for Glencore and its boss, Ivan Glasenberg, but the idea is less compelling for Rio chief executive Sam Walsh, the rest of Rio's board and Rio's shareholders, considers The Sydney Morning Herald's analyst...
American electric car maker Tesla has entered the Chengdu market and reportedly delivered its products to consumers in the city. The company also launched its first super charger facility in Chengdu, which is the company's 17th in China...
"This is a very strange business and a very strange endeavor of life," Steve Jobs once said in a candid interview about his legacy in 1994. "All the work that I have done in my life will be obsolete by the time that I am 50." At the time, Jobs was on the cusp of turning 40...
