Europe??s top regulator has urged banks to ??show moderation and responsibility? as they announce their annual bonus pools in coming weeks ?? and issued a thinly veiled threat of restrictions if they step out of line with current rules.
Two underperforming investment funds recently frozen by French bank BNP Paribas are being restructured in the face of a "significant" number of redemption requests, according to investors in the funds.
Madoff trustee sues Kohn; says she was key to fraud (Headlines)
Austrian banker Sonja Kohn was a "criminal soul mate" of Bernard Madoff for 23 years, running an international network of banks and funds to help perpetrate the biggest fraud in financial history, a court-appointed trustee for the Madoff firm said on Friday.