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The bizarre story of the Goldman Sachs 1MDB Malaysia fund scandal now has a Trump link

It's one of the greatest scandals in financial history. "1MDB" started as a plan to fund Malaysian infrastructure projects but turned into $3 billion problem.
Former Barclays CEO John Varley

Barclays executives were ‘rumbled’ by Qataris during payment negotiations, jury hears on day 3 of trial in London

Then-CEO John Varley and three other executives are facing accusations they misled investors during the bank's crisis-era capital-raising efforts.
Former Goldman Sachs CEO Lloyd Blankfein

Goldman Sachs knows where all the money went, says Malaysia finance minister as country gears up for fight for stolen 1MDB billions

"We have suffered extremely large losses," Lim Guan Eng tells the newspaper. "And don’t tell me you don’t know where the money went."
Former Barclays CEO John Varley

Fraud trial kicks off for former Barclays CEO, who could face 10 years in prison for events around the 2008 financial crisis

Early trial proceedings begin for ex Barclays CEO John Varley. It's part of the UK's first criminal case pursuing senior bankers for crisis-era events.

The 17 least safe cities in America

The least safe cities in America missed the mark when it came to community safety, natural disaster risk, and financial safety, found Wallet Hub.
Skies are darkening over Deutsche Bank

Deutsche Bank slumps to record low as probe said to widen to include board members

Prosecutors for a second day have raided Deutsche Bank's offices, reportedly including those of all board members. The shares fell to a record low.
Nissan chairman and Renault CEO Carlos Ghosn

Renault CEO Carlos Ghosn is arrested in Japan as Nissan ousts him over financial misconduct

Renault CEO Carlos Ghosn was arrested in Japan and will be ousted from his role at Nissan after the company alleged 'significant' acts of misconduct.

Britain’s financial regulator is slapping down the City’s ‘bad apples’ and won’t let up any time soon

The FCA has banned 23 "bad apples" from working in financial services in the past 12 months, a 28% rise since the year before.
A worker cleans the glass exterior next to the logo of RBS (Royal Bank of Scotland) bank at a building in Gurugram on the outskirts of New Delhi, India, September 8, 2017.

Emails show RBS bankers joked about destroying the US housing market before 2008

Email transcripts released by the US Department of Justice (DOJ) show RBS bankers joking about destroying the housing market before the 2008 crash.

A former trader accused of manipulating a multi-trillion-dollar market compares his alleged rigging to a ’rounding matter’

In a recent courtroom testimony, ex-Barclays trader Colin Bermingham compared his alleged market rigging to a "rounding matter." Bermingham is accused, along with a handful of other individuals, of rigging the euro interbank offered rate — or Euribor — between 2005 and 2009.