'Would I have done Bear Stearns again knowing what I know today ? Jamie Dimon asked almost rhetorically last week at the Council on Foreign Relations in Washington.
Financial institutions need to take full control of their vast number of spreadsheets and databases if they want to be fit for the new era of post-crisis risk management, warns leading data management specialist ClusterSeven.
Here's what the smart guys are saying:
Goldman Sachs set aside almost $11bn to pay employees in the first nine months of the year, up 10% from the same period in 2011 as revenue climbed.
Citigroup tapped Michael Corbat as its new CEO after Vikram Pandit announced Tuesday that he is stepping down from the helm of the investment bank.
Sheila Bair, former chairman of the FDIC, spoke with Tom Keene and Ken Prewitt on 'Bloomberg Surveillance' today about Vikram Pandit's departure as CEO of Citigroup. Bair said that 'this was a very positive move and the board discharged its responsibilities and I think they should be commended'.
Bloomberg Television's Trish Regan sits down with four CEOs for a special edition of 'Street Smart' focused on fixing the country's debt.
The US Federal Trade Commission is preparing a case against Google that could lead to a full antitrust lawsuit similar to the action taken against Microsoft at the end of the 1990s, the Guardian has learned.
The Board of Directors of Citigroup today announced that Vikram Pandit has stepped down as the Company’s Chief Executive Officer and as a member of the Board, effective immediately.
A Washington law firm that worked for Bradley Birkenfeld, the former UBS AG (UBSN) banker who exposed how the Swiss lender helped Americans evade taxes, claims it’s owed $13m of his $104m whistle-blower award.
Barclays is sponsoring a scheme that will give 35 s.x workers in London the chance to retrain for a different job.
After Dick Fuld's first public speech since the crisis, this PR guy had one thing to say: Don't call it a comeback.
Asia's largest listing this year opened with a whimper in Hong Kong on Monday, defying the gains seen in other recent initial public offerings (IPO) in the territory.