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Barclays banker denies knowledge of Libor rigging


A Barclays investment banker said his friendship with a former employee on trial for conspiring to manipulate Libor doesn’t mean he had any knowledge of attempts by multiple traders under his supervision to rig the benchmark rate.

People News: Harvard, C Suisse, Evercore

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Harvard University appointed Bob Jain, global head of Credit Suisse Asset Management who is joining Millennium Management, to the board overseeing its $37bn endowment, the fourth outsider added in the last year as the fund restructures.

BofA shareholders OK pay

Bank of America

Bank of America shareholders elected all 13 directors nominated by the bank at its annual meeting on Wednesday, while approving compensation for top executives in a non-binding decision.

Wells Fargo joins the club

Wells Fargo Logo

At a time when Wall Street banks say they’re running out of reasons to trade with the U.S. government, Wells Fargo is jumping into the market.



Jose Manuel Barroso

Ex-EU leader under fire for taking Goldman Sachs job

Tens of thousands of people have put their names to a petition protesting against the appointment of a former European Union leader to the investment bank Goldman Sachs, calling the move "irresponsible" and "morally reprehensible."