UK dealmakers complain that M&A deals take too long to close, as fresh research shows that the average deal wastes 12 working days.
WW M&A Breaks All-Time Record | Deals Over $10 billion Double | Healthcare, Energy Push US and Asia Pacific to All-Time Highs | Goldman Sachs Top Advisor
HSBC chief executive Stuart Gulliver has serious questions to answer after the bank's latest IT glitch left customers locked out of their online and mobile banking accounts, a leading MP has claimed.
There goes another hedge fund: it's been reported that Nevsky Capital is planning to close its $1.5bn flagship fund - with the fund's founders saying the market environment "is increasingly incompatible" with their investment process.
BNP Paribas Securities Services has appointed Philippe Benoit the head of its Asia Pacific operations, effective Friday.
Any Asia ex-Japan involvement announced January 1st - December 31, 2015
Legg Mason, the global asset manager, is in exclusive talks to buy a majority stake in real estate investment specialist Clarion Partners in a deal that would value the company at about $850m, people with knowledge of the matter said.
Any Japanese involvement announced January 1st - December 31, 2015
Announced Emerging Markets M&A Up 42% Over 2014 | High Technology Most Active Industry | Average EBITDA Multiples at 15.6x
Do bankers still earn too much money ?
Hiring recruiters at Facebook are doubly rewarded for "diversity hires" with an internal point system, The Wall Street Journal reported on Wednesday.
'A changing operating environment' resulted in 'strategic adjustments to our firm's staffing'.
Credit Suisse is pushing into Wall Street’s battle for tech-savvy quant analysts, hiring former Acadian Asset Management executive Matthew Rothman to create a global team helping big investors sort oceans of data to make stock picks.