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Goldman top dog (again)

Goldman Sachs Blink

As iconic brands are snapped up and corporations merged and swallowed in a record-breaking whirl of deals, there has been one constant: Goldman Sachs.

RBS CEO says investment bank restructuring 'well advanced'

RBS building

Royal Bank of Scotland CEO Ross McEwan said the restructuring of the investment bank is 'very well advanced' and it will return to profit within four years, as he continues to shrink the division’s global operations to focus on U.K. and western European clients.

Wells Fargo to move securities New York HQ

Wells Fargo Logo

Wells Fargo is buying about 500,000 square feet of office space at 30 Hudson Yards and plans to relocate the New York headquarters of its securities unit to the skyscraper, which is under construction on Manhattan’s far west side.

Entrepreneur fights Deutsche Bank legal claim


Norwegian entrepreneur Alexander Vik showed up in London court Friday to fight a claim that he hid assets to avoid paying more than $250m in legal fees to Deutsche Bank, saying that he owes double that to his own father.



Mark Carney

Fired-up Mark Carney brings along the heavy mob

Sterling tumbling, gilt yields at near record lows, balance of payments dire, business confidence flatlining: no wonder Mark Carney brought the eleven horsemen – and women – of the apocalypse with him to the Treasury select committee.