Worldwide M&A activity totals $1.2 trillion, down 18% compared to YTD 2015
The most senior of five former Barclays bankers accused of manipulating Libor rates forced junior traders to do his dirty work for him, prosecutors said.
To the surprise of exactly no one, Wells Fargo played down talk of expansion in its investment banking business during this week's investor day presentations.
Credit Suisse has named Brent Patry vice chairman, acquisition and leveraged finance capital markets.
If you think America's wealthy don't know what it's like for the average person, think again.
Barclays raised severance packages for a second time since it asked about 100 equity employees in Tokyo to leave the firm in January, people with knowledge of the matter said.
The $2.9tril hedge-fund industry may lose about a quarter of its assets in the next year as performance slumps, said Tony James, Blackstone’s billionaire president.
If you're unhappy at your current job, fix the problems or move on.
Nomura Holdings has cut pay for its top executives by 18% to the lowest level in three years after profit at Japan’s biggest brokerage slumped and losses abroad swelled.
Ex-Deutsche Bank trader Christian Bittar is fighting to press on with a lawsuit against the U.K. regulator over its portrayal of his conduct in relation to benchmark rigging, despite facing criminal charges.
Wells Fargo has displayed behavior that is "beyond outrageous" and investors should dump the stock, according to banking analyst Dick Bove.
Economists at major City investment banks have cancelled forecasts of a Brexit-inspired recession amid fresh data showing the economy performing more robustly than expected.
British based financial institutions must be prevented post-Brexit from selling their services in the eurozone, Emmanuel Macron the likely progressive left candidate for the French presidency has told the Guardian.