Morgan Stanley global head of rates strategy, Laurence Mutkin, has left the investment bank to join BNP Paribas.
Morgan Stanley, Goldman Sachs and JP Morgan have become major merchants of metals and energy. Now a Senate panel is going to investigate whether this is dangerous for the American economy.
Former Rep. Barney Frank on Monday dismissed calls to bring back the Glass-Steagall Act of 1933, which divided commercial and investment banking, arguing that it doesn't regulate derivatives trading or prevent risky loans and mortgages.
"Do you speak to happy bankers at all?" he wrote in to the blog. "Your interviewees all seem so… miserable." We are meeting for lunch on a sunny winter day. He is a cheerful, slightly sarcastic man in his mid-30s from continental Europe. He orders a salad.
When a 20 pack of cigarettes costs upwards of £8, it's obvious that smoking takes a drag out of one's bank balance.
Recent job market trends in the Banking and Financial Services industry suggest a greater emphasis on the recruitment of internal communications professionals who can guarantee a company's compliance with the Retail Distribution Review that has been in effect since the end of last year.
The Securities and Exchange Commission's civil case against SAC Capital founder Steve Cohen is not that strong, two former SEC enforcement attorneys tell CNBC. But they say that does not preclude more serious charges down the road.
Sir Mervyn King, who stepped down last month as head of the Bank of England, will move to New York in the autumn to lecture students on the financial crisis and its aftermath.
This is the ultimate in bragging rights.
This top Wall Street CEO thinks industry compensation will rise.
The global economy faces a period of contraction and declining trade next year as emerging nations struggle with tightening monetary policy, according to Citigroup's Chief Economist Willem Buiter.
Russia's isolated banking sector is hoping for a swift end to sanctions and capital flight, the chief executive of one of VTB Capital told CNBC.
Bank of America Merrill Lynch (BofAML) has been recognised by EMEA Finance magazine, a leading industry trade outlet, in its 2015 Treasury Services Awards, winning three accolades for treasury and FX services across the region: