bankers

(Newser) - Now that the investment-banking party is over, what are all those hotshot bankers going to do? Bloomberg's Matthew Lynn takes a look at potential new "top-dog" careers:

• African development. The pioneers who nurture African nations’ industry and infrastructure will be rewarded by the continent’s mineral resources and huge

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(Newser) - Manhattan banker and billionaire Jeffrey Epstein pleaded guilty in Florida today to hiring an underage prostitute, and began serving an 18-month sentence. A year of house arrest and a life on the national sex offender list will follow. "They will be tracking you for the rest of your life,...

(Newser) - As the Federal Reserve moves toward stricter lending rules, mortgage providers are firing back, calling the rules too broad and arguing that they could limit loans to borrowers who don't have credit problems, the New York Times reports. Regulation, bankers say, could raise the price of mortgages by increasing paperwork...

(Newser) - As the Bank of England mulled injecting billions more into the nation's shaky financial system, bankers in the city of London swilled pints and reflected on their state of affairs, reports the Independent. "We are meant to be at work but we've come here for some solace," said...