Interns are way too junior to be entrusted doing serious stuff, especially in this day and age.
Gary Baker, Bank of America’s head of European equities strategy, is being replaced by John Bilton amid a reorganization of the firm’s research department, said three people with direct knowledge of the move.
More than one in four (28%) HR directors admit that they have no formal process in place to deal with stress and anxiety for employees, according to a survey by OfficeTeam, a leading recruitment agency specialising in administrative staffing.
There will be no demerger at Barclays.
Who is to blame for Facebook’s initial public offering ?
Non-systemically important banks are Europe’s “real” problem - and that is why even the smallest bank in the euro zone must be under European Central Bank (ECB) supervision, Michel Barnier, the European Commissioner for Internal Market and Services, told CNBC.
Some folks think bankers SHOULD live in caves.
Morgan Stanley Smith Barney is said to have made around 20 changes to its IT platform in an effort to convince financial advisers to stay the course and remain at the firm.
Antony Jenkins, the new boss of Barclays, has made it clear that he would not break up the bank by carving off the investment banking business from its high street operations.
A jury was sworn in at Southwark crown court on Monday to hear the case of Kweku Adoboli, a City trader who is accused of causing £1.4bn of losses for his former employer, Swiss bank UBS.
Cantor Fitzgerald is escalating a contract dispute with its former head of investment banking, Steven Kantor, suing Tuesday in a bid to force him to repay $9m in loans.
The world’s biggest currency traders have lost market share to smaller banks, according to Greenwich Associates.
An American sales executive is suing for wrongful termination after she was fired from her job for uninstalling an app that let her employer track her location 24 hours a day, even while she was off-duty.