‘Trader justice’: Ex-SocGen trader fired for risky bets claims he was made a ‘scapegoat’
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat.”
34-year-old pays $4,150/month for a 1-bedroom apartment above a mall in Miami—take a look inside
Rachel Koggan moved from NYC to Miami in 2021 and lives in a 1,200-square-foot apartment above the Brickell City Centre.
India’s markets regulator puts seven Adani companies on notice for violations
India’s markets regulator has sent notices of regulatory violations to seven companies of the Adani conglomerate, including its flagship Adani Enterprises, the group said in stock exchange filings.
AI engineers report burnout and rushed rollouts as ‘rat race’ to stay competitive hits tech industry
AI workers across the tech industry told CNBC that the pressure to roll out features and products at breakneck speed has come to define their jobs.
Turkey’s inflation accelerates to nearly 70% in April
Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.
Japan’s yen had a roller coaster week amid suspected intervention. Here’s what you need to know
The Japanese yen started the week at 34-year lows against the U.S. dollar but the currency is now staring at its best week in over a year on Friday.
Britain’s ruling Conservatives hit with another local defeat as general election nears
The votes are likely to be the last major political test for U.K. leader Rishi Sunak’s Conservative Party ahead of a general election later this year.
Conflict reaches day 800; Russia says it curbed Ukrainian attacks overnight
As the Russia-Ukraine war reaches its 800th day, battle continues with little hope for a resolution; Russia says it curbed overnight drone attacks from Ukraine.
Credit Agricole’s first-quarter earnings jump as investment banking beats rivals
European banks’ first-quarter earnings have largely beaten expectations, with the boost from higher interest rates still supporting lenders’ bottom line.
Societe Generale’s investment bank limits first-quarter profit plunge
Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday.
