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Putin points the finger at Goldman Sachs

Vladimir Putin Wags Finger

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 profit slides on weak trading

Bank of America

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.

Hedge fund demands for London office space drops

London At Night

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.




Nomura bankers depart to rivals

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.