The London Regatta Centre, Royal Docks - 6th September, 6pm.
Now this might come as a surprise.
Mike Mayo, analyst at Credit Agricole Securities, spoke with Bloomberg TV’s Betty Liu and Adam Johnson Wednesday about Sandy Weill’s comments and said that Morgan Stanley’s stock could be worth '$16 to $32' a share in a breakup (it's currently trading around $13).
The likelihood of intense political and regulatory scrutiny on the new chairman and chief executive of Barclays means both must be untainted by its reputational collapse and are likely to be recruited externally, possibly from Canada or Australia.
Phil Gramm, the former U.S. senator who helped write the 1999 law that enabled the creation of financial giants such as Citigroup and Bank of America, said his legislation didn’t make the system any riskier.
The United States Attorney for the Southern District of New York has announced that John Kinnucan, the President of Broadband Research, pled guilty today to conspiracy and securities fraud charges in connection with his participation in an insider trading scheme. He pled guilty before U.S. District Judge Deborah A. Batts.
Citigroup founder Sandy Weill came out Wednesday and suggested that, given the risk to taxpayers, big U.S banks should be broken up. And all over the world, governments, regulators and stockholders are now engaging in a similar debate. But could this big bank be the first to be split up ?
Nomura CEO Kenichi Watanabe and his top lieutenant resigned over an insider-trading scandal as the company indicated there may have been more information leaks than those identified by authorities.
Sean George kneeled in the Church of St. Paul the Apostle in Manhattan. He wasn’t praying. A gash below his right brow bled into his eye and down his nose before a knee to his groin sent him to the floor.
Barclays was mired in fresh controversy on Wednesday night after handing almost £9m to a top banker who left following the Libor scandal and after one of its highest profile non-executive directors suddenly quit, taking the toll at the top to four.
Togo, Burundi, Syria, Benin and Rwanda were least happy.
If Wall Street's masters of the universe can make it to the Swiss Alps, they're definitely going to Los Angeles.
HSBC Chairman Douglas Flint told CNBC that relocating the bank's headquarters back to Hong Kong "would be potentially interesting" on Friday.