Odey Asset Management lost over 30% in the period of just 4 months in 2016. Crispin Odey, in 2015, predicted a global economic deterioration that would be remembered in a hundred years. He had carried over his bearish views to the first four months of 2016, which led to his Odey European Fund losing as much...

Mitsubishi Motors manipulated fuel efficiency information to boost publicized mileage rates. Japan’s Transport Ministry raided Mitsubishi’s Okazaki...

Bombardier C Series aircraft. Delta and Bombardier are close to completing a deal for 75 C Series jetliners with the possibility of an additional 50 units...

Macquarie is laying off 15% of its investment banking staff in the US. Macquarie Group Ltd, the global investment banking and financial services group...

Including today’s redundancies RBS will have cut 1,500 roles this year. Government owned banking institution, the Royal Bank of Scotland (LON:RBS)...

It’s believed Goldman Sachs may be able to deduct as much as $1 billion from the fines. As a penalty for its participation in activities that contributed...

Shares of Nomura jumped in Tokyo as news about the cuts was released. Nomura plans to cut an estimated 500-600 jobs, mostly in its European equity research...

Lloyds had to set aside nearly double the capital of any other UK bank to cover compensation during 2010-2014. According to a new study released by an...

Less competition from new Apple products helped increase volumes during the launch of the Galaxy S7. A stellar first quarter performance of the Galaxy...

The settlement will be paid to the US government and five states. Carl Barbier, a US federal judge in New Orleans has issued final approval for an estimated...