Here's five firms and some more job loss news.
Dow Jones reports that Cantor Fitzgerald continues to add staff and expand at a time when most rivals are scrambling to reduce headcount.
Here's a few links to some interesting BBC, Bloomberg, New York Times and Reuters stories that have been hitting the headlines.
It would be highly amusing - at any other time.
Washington - The Securities and Exchange Commission has charged UBS Securities LLC for inaccurate recording practices when providing and recording 'locates' to customers seeking to execute short sales.
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Morgan Stanley & Co. Inc. and Morgan Stanley Smith Barney LLC $1m and ordered $371,000 in restitution and interest to customers for excessive markups and markdowns charged to customers on corporate and municipal bond transactions, and related supervision violations.
Here's the latest Thomson Reuters 'Investment Banking Weekly Scorecard'.
The European Central Bank is under pressure to open the money taps to help Italy, which is struggling to fund its debts through the private markets.
Nomura is retreating from U.S. investment-grade corporate credit trading after last year’s bout of volatility in fixed-income markets, according to two people with knowledge of the decision.
Bill Ackman appears set to take it relatively easy for a few months after a slew of activist investments produced knockout performance in 2014.
When Brett Adcock and Adam Goldstein were analysts at hedge fund Cedar Hill Capital covering the staffing and headhunting industry, they noticed something missing: technology.