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.
Bloomberg reports that Juerg Buergin, a former UBS Executive Director of operations sentenced to prison for having s.x with an underage prostitute in Singapore, has filed an appeal of his conviction, his lawyer said.
Royal Bank of Scotland could be poised to release potentially lucrative bonuses to a handful of top bankers from a share-based scheme put in place three years ago.
A former BlackRock fund manager was arrested April 30 as part of an insider trading probe by the U.K. Financial Conduct Authority (FCA), two people familiar with the matter told Bloomberg.
ICAP CEO Michael Spencer said an internal probe into allegations brokers manipulated ISDAFix, the benchmark for the $379 trillion swaps market, found no evidence of wrongdoing.
An Idaho ranch owned by ex-Lehman CEO Dick Fuld sold for more than $20 million Thursday, becoming the most expensive property ever sold at auction.
Swiss banks led by Credit Suisse are stepping up operations in Luxembourg, using the rival market as a gateway to clients in the 28-nation European Union.
HSBC has shot to second rank among banks advising Asian firms on merger deals, its highest ever, due to ties to one man: Hong Kong tycoon and the region's richest man, Li Ka-shing.