Saudi Arabia’s Public Investment Fund is seeking to hire bankers for international deals to help the kingdom acquire overseas technology and expertise, four people with knowledge of the matter said.
The media frenzy over the 'cartel chat room' made it easy to work out the name of an ex-Barclays trader from the U.K. Financial Conduct Authority’s reports on the currency-manipulation scandal, his lawyer told a London court.
Activist investor Carl Icahn on Wednesday disclosed a large stake in AIG and called the insurance giant "too big to succeed."
Not a bad gig.
HSBC is moving its derivative trading book from London to Hong Kong in a bid to cut costs arising from tight regulations in the UK and EU.
Following the announcement by Barclays that Jes Staley will assume the role of CEO, UBS has announced that it has accepted his resignation from all of his functions at UBS with immediate effect to avoid conflicts of interest.
Nomura posted a smaller-than-expected drop in second-quarter profit as the closure of a U.K. unit cut tax expenses and investment banking revenue increased.
A power outage twice interrupted Fox’s broadcast of Game 1 of the World Series between the Royals and Mets.
Former ICAP broker Darrell Read was paid close to $920,000 in salary and bonuses in 2010 despite having only a single client: Tom Hayes.
Credit Suisse hired a team of health-care bankers from Barclays led by Punit Mehta as the lender expands its investment-banking business.