BNY Mellon has named Eric Pulinx as Chief Financial Officer of its European banking entity The Bank of New York Mellon SA/NV, subject to regulatory approval.
Ratings agency Standard and Poor's (S&P) has claimed the lawsuit filed against it by the US Justice Department was 'retaliation' against its decision to downgrade the US's credit rating.
In recent months, SAC's portfolio managers have been talking in earnest, both with management and among themselves, about how converting to a so-called family office would work, says one of these people.
Nouriel Roubini has been ordered by New York City to remove his giant hot tub - often the site of wild parties with younger models - from his Manhattan penthouse's roof, according to a report.
Revenge is a dish best served cold.
Walk down Madison Avenue, and you're now sure to see the Jefferies name.
Barclays has added Paul Knight as vice chairman and co-head of global metals and mining from UBS, where he was chief executive officer of the Canadian unit.
Morgan Stanley has been sued by the U.S. federal credit union regulator over the sale of $566m in residential mortgage-backed securities to two credit unions that failed.
Hardly a week goes by without a new report about a government investigation of JPMorgan Chase and how much money the bank might have to pay because of some alleged violation of the law.
Loads of money.
Bank of America has reached a $335m settlement of a federal lawsuit accusing it of misleading shareholders about its exposure to risky mortgage securities and its dependence on an electronic mortgage registry known as MERS.
HSBC Monday reported a better than expected 32 percent rise in pretax profit for the third quarter, as lower fines and settlements offset a decline in revenue.
Martin Blessing, who led Commerzbank for seven years, won’t extend his contract when it expires in 2016, becoming the latest CEO to join an unprecedented wave of management changes at Europe’s banks.