UBS wins case over firing of analyst

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A London judge said UBS had the right to fire a senior analyst who discussed rumours about a Sanofi drug with a friend at a hedge fund who may have bet against the company before publishing a report causing its shares to drop.

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Lessons for Summer interns

Summer associates on Wall Street are no doubt learning a lesson this week about how to think like a trader when the world is on fire.


Ex-Jefferies director sentenced to two years in prison

Ex-Jefferies Managing Director Jesse Litvak, deemed an 'elite' fraudster by prosecutors for being the only person convicted of fraud over a $20bn government bailout program, was sentenced to two years in prison for lying to customers about mortgage-backed securities.