Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spook...
Karen Gilchrist
UBS overhauls wealth management leadership in wider board shake-up
LONDON — UBS on Thursday announced a shake-up of its executive board in the latest phase of a radica...
'Trader justice': Ex-SocGen trader fired for risky bets claims he was made a 'scapegoat'
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French ...
Barclays swings back to profit in first quarter amid strategic overhaul
LONDON — Barclays on Thursday reported first-quarter net income attributable to shareholders of £1.5...
Biden’s 'billionaire tax' takes aim at the super-rich — but can a wealth tax work in reality?
Calls for a wealth tax on the world's super-rich are once again gaining attention after U.S. Preside...
World's largest hedge funds record bumper year of profits, research shows
The world's top hedge funds raked in record profits last year amid a resurgence in stock markets, ne...
UK and Switzerland sign post-Brexit financial services deal
LONDON — The U.K. and Switzerland on Thursday signed a post-Brexit financial services deal designed ...