Unicorns, privately held companies valued at $1 billion or more, are now receiving the lion's share of venture capital invested, a new report reveals.
U.S. Bancorp catapulted its business selling investment-grade corporate bonds up league tables faster than any major rival since the financial crisis, jumping 49 rungs to rank No. 15 this year. That’s just the start of its aspirations in capital markets.
The FTSE 100 index burst into bull market territory after Theresa May emerged as successor to David Cameron, providing a further boost to surging stocks on both sides of the Atlantic.
Switzerland's politicians have done too little to protect the country's banks from demands for data from foreign governments, UBS CEO Sergio Ermotti said in an interview published by the SonntagsZeitung newspaper on Sunday.
Tales from the trading floor.
In an exclusive interview, his first public TV appearance since leaving Morgan Stanley, airing on FOX Business Network’s Wall Street Week, Fleming was asked whether he wants to return to a big global bank.
Jefferies Group, the investment bank owned by Leucadia National, said the U.K.’s vote to leave the European Union may hurt its business on the Continent.
Nomura's overseas business remains on track to return to profit by March for the first time in seven years despite Britain's vote to leave the European Union, its chief operating officer said.
A campaign to raise legal fees for former trader Tom Hayes has recently broken the £25,000 mark.
Commerzbank aims to cut around 9,000 jobs in the next few years and will scrap its 2016 dividend as part of efforts to reduce costs in the face of negative interest rates, a source close to the bank's supervisory board said on Tuesday.
Deutsche Bank shares plunged to a new record low today, dropping 7.5 per cent to close at €10.55, prompted by reports in Focus magazine over the weekend that German Chancellor Angela Merkel has ruled out state assistance for the bank.
The U.S. Department of Labor agreed to conduct a review of Wells Fargo requested by lawmakers including Elizabeth Warren, who said the bank may have put undue pressure on employees to meet sales quotas.