Even though Morgan Stanley's shareholders have been critical of the company's performance under CEO James Gorman, as well as of his pay package, they gave him a pass on Tuesday during the firm's annual meeting.
Canadian Imperial Bank of Commerce has hired Goldman Sachs Group Inc.’s Michael Freeborn as head of energy investment banking.
Goldman Sachs is mulling reducing its reliance on the ubiquitous Bloomberg terminals.
Daniel Doctoroff, the CEO and president of Bloomberg LP, has posted his first blog on the company's web site apologizing to customers and reassuring them that the firm is available to answer concerns following last week's disclosure that Bloomberg reporters accessed information on clients' accounts.
When he starting out as a hedge fund manager in the 1990s, Dan Loeb used the nickname Mr Pink while visiting investor chat rooms.
The 'A' men get a 'D' grade ?
A British pension fund advisor-joining calls for JPMorgan to split the role of chairman and CEO-told CNBC its decision is unaffected by the threat of a possible Jamie Dimon exit. This is "clearly not" a referendum on Dimon's leadership.
Morgan Stanley Chairman and CEO James Gorman may face some intense questioning Tuesday at the firm's annual meeting in Purchase, NY. The shares are down more than 19 percent since Gorman took the helm in January, 2010.
Even if trading firms aren't likely to dump their Bloomberg terminals anytime soon, Wall Street pros say the firm still faces long-term damage to its brand credibility from its privacy breach scandal.
Barclays, the first bank to settle with authorities over alleged manipulation of the Libor interest rate, on Monday won the dismissal of a U.S. lawsuit by shareholders who claimed they lost money because of the British bank's activity.
The embattled commodity trader Glencore launched its $2.5bn (£1.6bn) fundraising effort on Tuesday night, in a move aimed at shoring up its strained finances as swiftly as possible.
I was in Paris between meetings and had had just enough time to gulp a salad and a mediocre glass of Bordeaux before crossing the city by metro.
Tom Hayes, the first person to be found guilty by a British jury of rigging Libor rates, has begun an appeal against his conviction and prison sentence.