Bill Ackman and David Einhorn are considered two of the top hedge fund managers in the world, but they might as well be on a seesaw.
The fast-growing economies of Africa face headwinds from the pull-back of international banks from the continent, Barclays' erstwhile-chief executive told CNBC, as the bank moves to sell down its business in Africa.
Man Group has become the latest firm to stoke shareholder ire over executive pay, after a significant number of shareholders voted against its remuneration report.
Poor Gavin Andresen.
Committed to providing "increasing and inclusive support" for employees.
The firm is going through its biggest cost-cutting push in years.
Here's the full list (2015 ranking in brackets).
Nearly eight years after Bank of America purchased Merrill Lynch, one of the nation's leading bank analysts, Dick Bove, recently wrote that "Bank of America is simply blowing up the Merrill franchise presumably because it does not like the business or it does not know how to manage it."
Billionaire Tilman Fertitta shares when a graduate degree makes sense and when it doesn't.
JPMorgan has named David Hudson to the new role of global head of markets execution as it seeks to adapt to changes in how clients trade stocks and bonds.
The EU’s ethics watchdog is to look into the former European commission president José Manuel Barroso’s new job with Goldman Sachs, which includes advising the investment bank and its clients on Brexit.
Hong Kong is the latest city to follow the example of the UK's financial watchdog and set up its own scheme to accelerate the development of financial technology.
European banks are more akin to their Japanese counterparts and less like Wall Street, warns JPMorgan