Everyone’s very kind, almost apologetically so. Nothing is too much trouble, it seems - after you’ve been given the cheery news that your career is effectively over, that is.
A sign of the times.
Now this might surprise you.
But there's a catch.
Surging spending on compliance staff and lawyers has pushed Deutsche Bank’s costs up, despite sustained efforts to slash the expenses, the lender’s annual report has revealed.
Citigroup's global head of spot FX trading Richard Bibbey has resigned, two people familiar with the matter said on Friday, the latest departure from the US bank's foreign exchange leadership in the last two years.
Societe Generale is set to win a cut to its $500m penalty levied by European Union antitrust regulators for rigging benchmark interest rates after the bank withdrew its EU court challenge.
Mid-market businesses are “significantly more inclined” to engage in mergers and acquisitions (M&A) in 2016 than previously, a new study has found.
Deutsche Bank, which runs Europe’s biggest investment bank, said it expects the industry’s revenue to decline this year as clients consider pulling back from trading some fixed-income securities and refrain from doing deals.
Tom Hayes, a former trader serving an 11-year jail sentence for conspiracy to rig Libor interest rates, will next week return to a London court in a multi-million pound battle against prosecutors over assets that include a seven-bedroom country house.
Deutsche Bank was fined $12.5m by an industry-backed U.S. regulator for failing to prevent the dissemination of non-public information over an internal speaker system.
A Nomura bond salesman, who was fired when a series of soured deals with an obscure client caused the bank’s biggest-ever single trading loss, said a London court ruled that he’d been unfairly dismissed.
Wells Fargo, the world’s most valuable bank, agreed to buy Analytic Investors, adding $15bn of assets under management.