PARIS (Reuters) – France’s Societe Generale (SOGN.PA) could move 400 corporate and investment banking jobs from London as part of its Brexit plans, with most of them going to Paris, Chief Executive Frederic Oudea said. “At this stage, it seems quite clear that it ...Read More

If there’s one thing Goldman Sachs is not familiar with, it’s dealing with disappointment. So perhaps we should not be too surprised to hear that when some Goldman Sachs traders got together recently to discuss why trading results at Goldman Sachs were hovering somewhere ...Read More

Just weeks after more than 1,500 Fidelity Investments workers accepted voluntary buyout offers, the Boston-based mutual fund manager is trimming its payrolls again. And the departures aren’t voluntary this time around. A source familiar with the layoff plan said less than 1 percent of ...Read More

Angry consumers may soon have a new way to find justice when they think companies have done them wrong. The Consumer Financial Protection Bureau announced a final version of a rule Monday that would ban companies from using language in their contracts called “mandatory ...Read More

HSBC Holdings Plc (HSBA.L) and UBS Group AG (UBSG.S) have each agreed to pay $14 million to settle private U.S. litigation accusing them of rigging an interest rate benchmark used in the $483 trillion derivatives market. The preliminary settlements were disclosed in filings on ...Read More

A bunch of things have happened in the years since equities markets flash crashed. We learned that it was a Kansas mutual fund at fault, before learning later that it was actually a strange British guy living in his parents’ flat. There were also some elections, ...Read More

U.S. stocks went on a wild ride Tuesday as traders debated the impact of emails released by Donald Trump Jr. The Dow Jones industrial average initially fell 100 points on concerns the Russia controversy that’s plagued President Donald Trump’s presidency will worsen. The email ...Read More