Like many employees, second-guessing your boss or company is a game that financial advisers at the big Wall Street firms play, too.
On-going issues in the Eurozone and the looming US ‘fiscal cliff’ will create an uncertain environment for investors until the beginning of 2013, according to Baring Asset Management (“Barings”).
And this guy is said to be pulling the strings.
Former Goldman Sachs director Rajat Gupta was granted a rare hearing before a federal appeals court in New York next month for his challenge to an order that he begin his prison sentence in January.
The field of candidates to run the Securities and Exchange Commission is shifting after a contender dropped out of the race.
This is the case for the first time in history. Shocked ? We are!
Phillipp Villhauer was the head trader at SAC Capital Advisors LP who allegedly helped the firm founded by Steven A. Cohen make $276m on trades that led to the arrest of an ex-hedge fund manager for insider-trading, according to two people familiar with the matter.
Millions of slightly unsavvy social media users now have regrets over revealing too much information over the internet, research has revealed. A study into the online behaviour of 2,000 over 18s found one third wish they had kept certain photographs or profile information to themselves.
Of the many Dec. 31 deadlines facing Washington, at least one is getting pushed out, according to regulatory officials: The final draft of the Volcker Rule.
Bank of England policymakers are concerned that Britain's banks are sitting on hidden losses and should be forced to raise fresh capital to bolster their financial positions.
A career-saving move ?
The U.S. federal probe that ended last month with guilty pleas and $6bn in fines from global banks began with an open secret - that currency traders there could talk to each other to coordinate trades.
The private equity industry usually lives up to its name by keeping business intensely private. Lynn Tilton is not the average PE executive.