Corporate spinoffs look like an attractive investment opportunity in an expensive market, Goldman Sachs Chief U.S. Equity Strategist David Kostin said Tuesday.
Not a bad few days work!
You may have to look inside yourself before you look outside your firm!
Barclays Deputy Chairman Gerry Grimstone said he favours withholding bankers’ bonuses paid in stock for up to a decade to improve accountability, though London’s status as a global financial hub would be hurt if compensation was cut too much.
JPMorgan became the latest big bank to pull back from coal.
UK M&A activity in the fourth quarter of 2015 was "relatively flat" year on year and down on the third quarter.
When a Wall Street executive is fired, it is usually done quietly.
Bonuses dropped 9 percent for the year as total industry profitability fell 10.5 percent, according to New York Comptroller Thomas DiNapoli.
Barclays hired Carlo Calabria and eight other bankers from CMC Capital in London and Milan as the bank seeks to bolster its advisory business.
Tom Hayes, who was convicted for offences in relation to manipulating Libor last year, has today had his application to appeal to the Supreme Court refused by the Court of Appeal, according to Reuters.
Credit Suisse has named Bill Johnson as head of Asset Management Americas and Michel Degen as head of Asset Management Switzerland and EMEA (Europe, Middle East and Africa), according to a memo seen by Reuters and confirmed by the bank.
The head of the German Bundesbank has said Frankfurt will open its arms to any banks or businesses that decide to leave London in the wake of the EU referendum.