Elliott Sues the LME For $456 Million Over Nickel Chaos
The move by the activist investor ratchets up pressure against the LME, which has been widely criticized for its handling of the crisis in nickel.
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Banks and Tech Giants Are Losing Skilled Staff to Flexible Fintechs
Bankers, engineers, data scientists and sales staff from Wall Street, the City of London and Silicon Valley are among those joining an exodus.
Citigroup’s Fat-Finger Trade Seen Costing Bank More Than $50 Million
Citigroup Inc. may record losses of at least $50 million following a London staffer’s fat-finger trade.
Deutsche Bank Replaces DWS’s Woehrmann After Greenwash Raid
Deutsche Bank AG’s embattled DWS Group Chief Executive Officer Asoka Woehrmann resigned hours after a police raid.
Chinese Traders Find Aluminum Stocks They Financed May Not Exist
Several Chinese traders are complaining that they were duped into providing loans against artificially inflated aluminum stockpiles.
BNP Banker Fired for Terrorizing Traders Wins $1.8 Million
A senior BNP Paribas SA banker fired after being accused of terrorizing subordinates on the trading floor was awarded nearly 1.7 million euros.
Strong Airline Forecasts Defy Fears of an Economic Slowdown
The optimistic forecast stands in stark contrast to the far less rosy outlooks issued by companies outside of the travel industry.
