Morgan Stanley celebrated the opening of the Morgan Stanley Clinical Building at Great Ormond Street Hospital Thursday.
Nothing lasts forever, Lloyd.
An unusual study of traders’ spit may offer a taste of the future in how we understand what drives markets - and why they aren’t as stable and efficient as we might hope.
A recent survey conducted at TradeTech London by IPC Systems, Inc, a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms, has revealed that nearly 70% of investment bank staff think that the City is lagging behind in preparation for the Games with nearly half of respondents unsure whether their company has a Business Continuity Plan (BCP) in place.
Here's the written testimony of Jamie Dimon before the U.S. Senate Committee on Banking, Housing and Urban Affairs Washington, D.C. on Wednesday.
JP Morgan boss Jamie Dimon blamed the bank's $2bn-plus trading losses on 'poorly conceived' strategies of senior executives who failed to keep him informed, as he escaped largely unscathed Wednesday from a Senate banking committee hearing set up to investigate the affair.
Lazard has announced that it has elected Richard Parsons to the firm’s Board of Directors, effective immediately.
Few large eurozone banks would be left standing and the banking sector could face a €370bn (£298bn) lossif the euro crisis results in the single currency bloc breaking apart, according to one of the first indepth analyses of what might happen if the eurozone disintegrates.
In this environment, costs are King.
The truth is sometimes stranger than fiction.
Wall Street traders are already threatened by computers that can do their jobs faster and cheaper. Now the humans of finance have something else to worry about: Algorithms that make sure they behave.
A former Goldman Sachs Managing Director accused of rapng a woman at his beach house on New York’s Long Island is betting a judge will be more sympathetic than a jury.
Barclays head of markets Eric Felder is leaving the bank, less than a year after he was appointed to supervise its global sales and trading businesses, according to an internal memo.