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.
Commerzbank aims to cut around 9,000 jobs in the next few years and will scrap its 2016 dividend as part of efforts to reduce costs in the face of negative interest rates, a source close to the bank's supervisory board said on Tuesday.
Deutsche Bank shares plunged to a new record low today, dropping 7.5 per cent to close at €10.55, prompted by reports in Focus magazine over the weekend that German Chancellor Angela Merkel has ruled out state assistance for the bank.
The U.S. Department of Labor agreed to conduct a review of Wells Fargo requested by lawmakers including Elizabeth Warren, who said the bank may have put undue pressure on employees to meet sales quotas.