Barclays' cash call on Tuesday, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.
Sad to report.
The head of Citigroup's Asia Pacific prime brokerage, Hannah Goodwin, is retiring after more than eight years at the U.S. bank, two sources familiar with the matter said and Citigroup confirmed.
Another day, another possible problem.
The Securities and Exchange Commission has charged the tipper of confidential information to a S.A.C. Capital portfolio manager who has been charged with insider trading.
Management consulting firm Accenture is in talks to acquire rival Booz & Co., a deal that would beef up its strategy and operations consulting services, The Wall Street Journal reported on Tuesday, citing people familiar with the matter.
The Securities and Exchange Commission (SEC) have reported that they have charged a former high-ranking official at Madrid-based Banco Santander S.A. and a former judge in Spain with insider trading based on non-public information about a proposed acquisition for which the Spanish investment bank was acting as an adviser.
Industry jobs are going to go, but if you work in these areas, you're probably safer than most.
A former Citigroup employee was sentenced to more than four years in prison for stealing $1.3m from a 98-year-old former managing partner at investment bank Salomon Brothers.
Fabrice Tourre, accused of fraud for his role at Goldman Sachs in the housing market collapse, said he’d done a good job at work and asked a jury to restore his reputation and let him get on with his life.