A gentlemen's agreement between hedge fund titans Steve Cohen and Izzy Englander not to poach employees from each other's firms appears to be over.
JPMorgan Chase CEO Jamie Dimon overhauled leadership of the bank’s regulatory matters this year as U.S. examiners said they had lost trust in management, the Wall Street Journal reported.
A group of former Barclays executives are launching a London-based asset management firm that combines socially responsible and Islamic investment principles, seeking to build crossover appeal among both investor segments.
In his first public comments since resigning from Switzerland's largest insurer after being named in the suicide note of its finance chief, Josef Ackermann said it was unfair to blame him for what he called a surprise tragedy.
Here's Thomson Reuters Investment Banking Weekly Scorecard.
Goldman Sachs, on pace to be the top adviser on U.S. initial public offerings for the first time since 2009, scored a coup by landing the lead role on Twitter Inc.’s sale.
According to Yahoo CEO Marissa Mayer, a lot of people want to work at the tech company.
Putting in the hours ?
UBS is half way through its planned 10,000 job cuts, said CEO Sergio Ermotti. The bank is undergoing a major cost-cutting overhaul.
Facebook’s botched initial public offering is coming back to haunt Morgan Stanley.
The bonuses of City executives should be linked to whether or not they meet targets for the number of senior women appointed at a firm, according to a government-backed report.
Never believe a big bank that boasts that its culture is so different: its lending principles conservative, its business immune to the traditional banking vices of over-confidence, over-expansion and bad behaviour.
Royal Bank of Scotland’s most senior American investment banker, Bob McKillip, is set to leave the bank as it completes a wind-down of unwanted U.S. operations, said a person with knowledge of the matter.