Barclays Explores Merger with Standard Chartered to Thwart Activist Investor
Barclays Plc is reportedly exploring a potential merger with rivals, including Standard Chartered. No formal or informat...
Finally, Sphero Gets Disney’s BB-8 Droid Toy Making Proposal
Disney’s new star wars – BB-8 droid toy will be rolled out soon into your living room by this holiday season. The r...
Goldman Sachs to settle Forex lawsuit for $130 million
Goldman Sachs will settle Forex lawsuit by private investors for a sum of $130 million. The lawsuit accused traders at d...
Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up
William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are c...
Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud
Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose unit...
Salz report vows Barclays to introduce more changes
The just-issued Salz report much criticized the culture and management practices of Barclays which led to damage of the ...
IoD Chief Sharply Criticizes UK’s Banks
Simon Walker, the director general of the Institute of Directors, sharply criticized UK’s banks such as Barclays and R...
Lenders in control of Mouchel
Mouchel Group Plc. informed that it had agreed to restructure the company. The restructuring will give Mouchel’s lende...