Greece's harsh austerity program may have caused coalitions to crumble and brought people out on the streets in protest, but a new study has found a more human cost of the debt crisis - cuts and reforms in the country have caused a "dramatic rise" in male suicides.
Moelis climbed in its trading debut after raising less than planned in the first U.S. initial public offering of an investment bank since the financial crisis.
After years of denial central banks are finally coming around to recognise that they must take responsibility for asset bubbles that can wreak economic havoc.
Looking back, it was easy to see that the crash was coming.
The Securities and Exchange Commission has charged Jefferies with failing to supervise employees on its mortgage-backed securities desk who were lying to customers about pricing.
Bank of England concern about the pound's strength has been revealed in comments from one of Threadneedle Street's top officials, who has said a further rise in sterling would damage hopes of an export boost to the economy.
UBS will restart investment banking operations in Brazil as early as this week, sources said, almost five years after the bank sold its highly profitable securities unit there following the global financial crisis.
Banks, hedge funds and fund managers will recoup all the cash they were owed by the UK arm of Lehman Brothers when it collapsed five years ago, and the administrators said on Wednesday they expect to be left with a £5bn surplus.
Bankers who earn more than $1.4m won the chance of a reprieve from European Union bonus curbs as regulators published a blueprint to implement rules on rewards for irresponsible risk-taking.