Seen these guys before ? (press on the links below to access the pictures).
Bloomberg reports that Morgan Stanley is said to have suffered a trading loss in the tens of millions in the second-quarter, after bets on the direction of 5 and 30-year interest-rates are believed to have gone against it.
Credit Suisse CEO Brady Dougan signed off on his divorce settlement with ex-wife Tomoko Hamada in 2005.
As Goldman Sachs is busy reviewing its headcount needs, the axe is said to be falling on up to 600 investment banking staff over at Credit Suisse.
CHARLOTTE, N.C - Bank of America Corporation has announced that it has reached an agreement to resolve nearly all of the legacy Countrywide-issued first-lien residential mortgage-backed securitization (RMBS) repurchase exposure, representing 530 trusts with original principal balance of $424 billion.
Rochdale Securities analyst Richard Bove says that Bank of America is being 'massively undervalued' by investors.
Holmes Search beat off stiff competition to come out top in the Here Is The City 'Best Compliance Recruitment Firm Survey 2011'.
Wells Fargo & Co has said that its board of directors has elected Elaine L. Chao, the former U. S. Secretary of Labor and the first Asian Pacific American woman to be appointed to a presidential cabinet, to the company's board of directors, effective July 1, 2011.
The Executive Board of the International Monetary Fund (IMF) has selected Christine Lagarde to serve as IMF Managing Director and Madame Chairman of the Executive Board for a five-year term starting on July 5, 2011.
New York and London - As part of its continued international expansion, Moelis & Company, the New York-headquartered independent investment bank, has announced the appointment of five Senior Directors who bring global financial, government and economic experience to the firm and will provide senior counsel and strategic advice on industry issues particularly across international financial markets.