It's beginning to feel like 2008. Hold on to your hat.
The head of UK fund management group Schroders has stoked fears HSBC could shift its headquarters from London to Hong Kong to escape wide-ranging banking reforms unveiled on Monday.
Frederic Oudea, CEO of Societe Generale SA, talks frankly about the outlook for the bank and Europe's debt crisis.
French bank BNP Paribas has hit out at a Wall Street Journal story which created waves Tuesday, and which suggested that the company was having a liquidity problem in $US.
Here a a few links to some interesting Bloomberg, London Evening Standard, New York Times, New York Post and Reuters stories that are currently doing the rounds.
Back to reality.
Behind his back, staff call Brian Moynihan 'the mumbler'. It's not a nickname one would associate with the boss of America's biggest bank.
By Tim Zagat, with contributions from Rudy Giuliani and George Pataki
Los Angeles – The Hedge Funds Care Los Angeles Committee of Hearts will unite Southern California hedge fund managers and other alternative investment industry members in support of Hedge Funds Care, a global non-profit organization that works to prevent and treat child abuse.
It may be the most expensive job application ever – but it seems to have paid off. Ted Weschler, a hedge fund manager, paid $5.2m to win two charity auctions to have dinner with investment guru Warren Buffett. Now Buffett has offered him a job.
In early 2013 Credit Suisse’s top management was convinced it had adapted to the much stricter rules that have been ushered in since the financial crisis.
Boris Johnson’s paean to Churchill provided amusement while a life of Czech dissident Václav Havel proved revelatory
Goldman Sachs has $7bn invested in private equity that it might have to sell at a loss. For Morgan Stanley, it’s $2.5bn.