The head of commodities at ABN Amro is leaving the Dutch bank after nearly three years to start his own venture capital fund, according to a person familiar with the matter.
JPMorgan Chase investors followed management’s recommendations on shareholder proposals, rejecting attempts to consider an independent chairman and a breakup of the biggest U.S. bank by assets.
The class of 2016 is graduating into a great job market, but managers say many aren't ready for the workforce.
Soros Fund Management, the asset management company founded by U.S. billionaire George Soros , doubled its bet against the S&P 500 stock index and turned upbeat on gold, its filing to the U.S. Securities and Exchange Commission showed on Monday.
The GS Elevator twitter account now has cult status - and over 740,000 followers. Here's some of their near-to-the-mark tweets (they are safe for work):
The bigger the bank? The better your pay! At least, as long as you're CEO of a major Wall Street bank since 2009.
US bankers could lose their bonuses up to seven years after receiving the payments if they misbehave or make big losses, under new rules proposed by six major regulators.
U.K. prosecutors attacked the credibility of former Barclays trader Jonathan Mathew, who said he lied to the Federal Bureau of Investigation and three different regulators in interviews in 2010 before deciding to start telling the truth about his actions around fixing Libor.
Citigroup has appointed Grant Carson as the head of its global subsidiaries group (GSG) in Europe, the Middle East and Africa, which deals with many of the bank's biggest clients.
Bank of America has appointed Jiro Seguchi to head its brokerage and banking units in Japan from June 1, replacing Tim Latimore.
Cairn Capital hired Asif Godall as deputy chief investment officer, according to a statement from the London-based credit investment firm.
Legal action on behalf of over 100 small businesses which claim RBS drove them into the ground for its own gain is set to launch early next year, it has been confirmed today.
The biggest asset management deal since the Brexit vote, bringing together Anglo-Australian group Henderson and Janus Capital of Denver, is to have its headquarters in London in a signal that the City remains at the heart of the world’s financial system.