Sad to report.
The idea of splitting the roles of CEO and chairman at JPMorgan could spur the departure of CEO Jamie Dimon, leading the 'Fast Money ' pros to debate Monday how they'd trade the news.
Almost five years after Lehman Brothers Holdings filed for bankruptcy and set off the global financial crisis, managers of the bank’s estate are demanding millions of dollars from retirement homes, colleges and hospitals.
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.
Standard Chartered is working with an executive search firm to find an external candidate to replace Mark Dowie to head its corporate and institutional business as part of Chief Executive Officer Bill Winter’s management overhaul, according to a person with knowledge of the matter.
Bank of America probably will report a 5% drop in third-quarter trading revenue amid volatile markets, CEO Brian Moynihan said.
HSBC’s chairman has suggested the bank could retain its domicile in the UK, as his bank mulls moving its headquarters back to the Far East.