Sad to report.
Technology companies are notorious for favouring impossible job interviews.
Barclays is losing another member of its debt team as Mark Bamford, the head of the firm’s global fixed-income syndicate, is leaving 'to pursue other opportunities', the company said in a internal memo.
Morgan Stanley’s institutional securities unit had $15.9bn in loans and lending commitments related to the energy industry at the end of last year, down 7.6% from the third quarter.
Morgan Stanley has hired Jako van der Walt to lead its investment banking business for South Africa, rejoining the firm he left about 10 years ago, according to a memo obtained by Bloomberg News.
The 13% drop in U.S. stocks from their 2015 highs has not only messed with tens of thousands of working-class 401(k) accounts, but also knocked more than a dozen American executives from the billionaires’ club.
JPMorgan said it faces further investigations into conflicts of interest in the way it sold and used its own investment products.
Robots are automating yet another bank job: the task of sifting through traders’ messages to spot foul play, a process currently carried out by legions of human employees.
BNP Paribas is planning to relocate as many as 40 senior positions in the investment bank from London to Paris as the bank overhauls the division, two people familiar with the plan said.
One of the top directors at Dan Loeb’s hedge fund has left the firm, The New York Post has learned.
The former Barclays chief Antony Jenkins is to take his first corporate directorship since leaving the banking group 13 months ago.
JPMorgan said U.S. and U.K. authorities ended probes into its activities involving Libor and other benchmark rates without issuing fines, allowing the bank to escape the scandal lightly compared to other firms.
Standard Chartered, the bank reeling from billions of dollars of losses on soured energy loans, has increased lending to oil refineries just as companies across that industry face a slump in profit.