The business of picking stocks and bonds for clients is getting smaller by the day.
Morgan Stanley Chief Operating Officer Jim Rosenthal will retire at the end of the year, according to an internal memo sent to employees by CEO James Gorman on Friday.
U.S. and U.K authorities have made progress in their investigation into allegations that Deutsche Bank helped its clients in Russia disguise suspicious trades, and a settlement could come by the first half of next year, people familiar with the matter said.
BNP Paribas is planning more cost savings in its upcoming 2017-2020 strategy announcement to offset the squeeze on revenue from low interest rates, and may consider raising the proportion of earnings it pays out in dividends.
The estate of one of Bernard Madoff’s oldest friends agreed to pay the con man’s victims $277m to settle claims that the Beverly Hills money manager, who died in 2010, got rich from Madoff’s fraud at the expense of thousands of investors, including his own clients.
European banks will continue to struggle for profitability in the face of multiple headwinds, including higher capital requirements, low interest rates and a weak economy, according to new research published today.
West Ham United are reportedly set to battle Arsenal, Chelsea and Liverpool for the signature of Naza Bazan Vera.
Toby Alderweireld has missed Tottenham Hotspur's last four matches with injury.
Jutting's narcissistic tendencies of being boastful was a means to cover up.
UBS Chief Executive Officer Sergio Ermotti pledged to continue cost cuts after profit at the wealth-management business fell and the securities unit was hurt by a slump in equities trading.
When Baldrick, the spectacularly stupid servant to the TV rogue Blackadder, once told his boss he had a “cunning plan” to solve a problem at hand, he was forced to admit that even he wasn’t optimistic.
Arsène Wenger must be a genius if he can come up with a points total that will be necessary to win the title.
Bournemouth duo Adam Smith and Charlie Daniels have been hailed by Jermaine Jenas.