U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox. The move may prevent the firm from... Brett Wolf, Reuters Posted on 5-17-2013 at 1:25 PM
The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the bank's Chicago branch. Emily Flitter, Reuters Posted on 5-17-2013 at 11:56 AM
Wall Street bonuses and staff levels are expected to rise this year as trading and deal-making activity pick up, according to a closely watched report released on Friday by a compensation... Reuters Posted on 5-17-2013 at 11:47 AM
European Union officials will next week propose capping financial sector pay above 500,000 euros, accountancy firm PwC said on Friday, suggesting the world's most stringent curbs for the... Huw Jones, Reuters Posted on 5-17-2013 at 1:29 PM
The Canada Pension Plan Investment Board, one of the world's biggest dealmakers, said a glut of cheap capital may mean it makes fewer big purchases in 2014, but it sees big opportunities in... Andrea Hopkins, Reuters Posted on 5-16-2013 at 2:26 PM
The risks of unconventional policies pursued by major central banks since the financial crisis appear to be minor compared with the benefits, Bank of Canada researchers said on Thursday. Louise Egan, Reuters Posted on 5-16-2013 at 1:49 PM
For years, JPMorgan Chase & Co Chairman and CEO Jamie Dimon and other executives have hand-picked new directors, in a practice that is now unusual for a major U.S. bank. Nadia Damouni, David Henry and Ross Kerber, Reuters Posted on 5-16-2013 at 8:24 AM
HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs globally, as Europe's largest bank seeks to drive earnings and dividend growth in the face of muted revenue. Lawrence White and Steve Slater, Reuters Posted on 5-15-2013 at 7:20 AM