Some warnings were ignored. Others were dismissed.
Merging several industry groups in its investment banking division, but still on the look-out for the right talent.
Russian President Vladimir Putin labeled media reports surrounding the Panama Papers as "provocation" on Thursday and effectively pointed the finger at U.S. investment bank Goldman Sachs.
Bank of America , the No. 2 U.S. bank by assets, reported an 18 percent slide in quarterly profit as concerns about a global economic slowdown and uncertainty about the pace of U.S. interest rate increases dampened bond and stock trading.
Citigroup and Bank of America offer significant value and could double in value over the next two years, Dick Bove told CNBC on Thursday.
Bank of America Merrill Lynch said Burri Rao-Kathi, its head of Americas equity-linked capital markets, has decided to leave the company and named Shiv Vasisht in the role.
Continued fallout from energy loans and sliding banking revenue could have disparate impact at other big banks.
Hedge funds and private equity firms took the least amount of office space in central London since the start of 2012 in the first quarter, according to broker Cushman & Wakefield, as sputtering global growth and increased regulation deterred startups.
Fresh doubt has been cast on the ability of George Osborne to sell off the state’s remaining stake in Royal Bank of Scotland at a profit following remarks by the outgoing head of the Treasury.
Deutsche Bank has reached a settlement in a lawsuit over allegations it manipulated silver futures prices, lawyers for traders said in a court filing.
Four Nomura investment bankers, each managing directors covering major industries, were among 17 employees who left voluntarily since the bank cut pay and personnel in the Americas, according to people with knowledge of the moves.
Ken Griffin’s $24bn Citadel investment firm has hired David Bonfili to help manage a new equities division, according to spokesman Zia Ahmed.
Bestselling author Tim Ferriss has interviewed some of the most accomplished people on the planet. Here’s what they all have in common.