Frank Quattrone is handing the reins of Qatalyst Group to George Boutros, marking a major leadership change at the top of the Silicon Valley boutique investment bank.
Deutsche Bank boss John Cryan has confirmed that the lender's management board won't get bonus for 2015, after the company posted its first annual loss since 2008.
Icap employee Darrell Read has been found not guilty of fraud, meaning all six brokers accused of helping rig the Libor interest rate have now been cleared of all charges.
Citigroup is the world’s biggest fixed-income dealer, unseating Deutsche Bank from the top spot and edging out rivals Goldman Sachs and JPMorgan, according to a Greenwich Associates survey.
Deutsche Bank, the lender exiting Latin American countries including Argentina and Mexico, is planning to cut about half its employees in Brazil as it moves trading elsewhere, five people with knowledge of the decision said.
Bank of America is trying to steal a march on the latest developments in the technology behind digital currency bitcoin by loading up on blockchain-related patents.
Navinder Singh Sarao, dubbed the Hound of Hounslow by newspapers after his arrest for allegedly manipulating markets, has a few academics on his side as he goes back to court next week.
Executives also are drafting initial lists of people they could terminate if needed.
Arsene Wenger has also updated reporters on the status of Santi Cazorla and Danny Welbeck.