The venture capital investing boom has sent billions of dollars to startups that serve the upper crust of society with an app to deliver your laundry or order a valet to park your car, yet many VCs continue to resist investing ...
The study, published in the journal Financial Stability, introduces a new method that allows researchers to estimate the systemic risk that emerge from multiple layers of connectivity.
Should financial reporting standards steer financial institutions away from the behaviour that plunged the financial system into crisis in 2008, or should they be neutral to the transactions they record?
Hong Kong's towering skyline is dominated by major banks and investment houses—but smaller start-ups are playing an increasing role on the financial landscape.
Fidelity National Information Services is buying rival financial software company SunGard to bolster the services it can offer clients.
Dr. Kobayashi Teruyoshi, an associate professor at the Graduate School of Economics, Kobe University and Dr. Charles Brummitt of Columbia University have proposed a new model to predict a financial crisis (a chain of bankruptcies) ...
Thousands of cities, provinces and states from around the world urged national governments on Thursday to deliver a "robust, binding, equitable and universal" planet-saving climate pact in December.
A 33-year-old Turkish man extradited to New York appeared in court Wednesday on charges that he organized three cyber attacks costing the global financial system $55 million, prosecutors said.
Home Depot is asking a judge to dismiss a federal lawsuit filed by consumers after a massive data breach last year.
The financial institutions of the City of London and Wall Street are to take part in a series of "war game" exercises aimed at testing their resilience to cyber attack. The announcement comes as prime minister David Cameron ...