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Terminator

Ex-Goldman CTO in AI jobs warning

Traditional Wall Street jobs are already being disrupted by technology, and the emergence of artificial intelligence will drastically reorder the role of most humans in finance, according to former Goldman Sachs Chief Technology Officer Michael Dubno.

Barclays Canary Wharf

Bloomberg - Barclays sued for $850m

Red Kite Management Ltd., the world’s largest metals hedge fund, is suing Barclays for alleged market abuse in the copper market that it claims cost the firm at least $850 million between 2010 and 2013.

Gavel

Ex-HSBC trader faces fierce questioning, holds his ground

Former HSBC trader Mark Johnson adamantly denied he “ramped” a $3.5 billion foreign-currency order against a client, insisting he “wasn’t aware” that traders he supervised had already begun purchasing pounds at least 90 minutes before the 2011 transaction.

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