Goldman looks for people who can adapt and step out of their comfort zone.
Equities, back and middle office.
The bonus cap will receive no exemptions.
Robert MacNaughton, head of distressed debt trading in the U.S. for Credit Suisse, is leaving the bank after more than 15 years, according to a person briefed on the move.
Rogue trader John Rusnak will not have to give evidence at the looming New York trial in which AIB is suing Citibank for $872m, a judge has ruled.
The hedge-fund firm run by Greg Lippmann, a mortgage trader whose bets against the U.S. housing market were depicted in Michael Lewis’s 'The Big Short', plans to launch a new fund early next year, according to a person with knowledge of the matter.
The UK faces a showdown with Europe after being found to have breached the directive which introduced a crackdown on bankers’ bonuses.
Hedge fund closures surged in the three months to the end of September as money managers reeled from declines in commodity and equity markets, while high-yield credit spreads widened.
Credit Suisse will make Dublin its primary hub for servicing hedge funds in Europe and move staff from London, saying it was attracted by the efficiencies of operating in the Irish capital as CEO Tidjane Thiam shrinks the unit.
Sometimes even Santa Claus needs a little help, especially when it comes to the kids who need that help the most.
The Securities and Exchange Commission announced that the former head trader in residential mortgage-backed securities (RMBS) at Goldman Sachs has agreed to be barred from the securities industry and pay $400,000 to settle charges that he repeatedly misled customers and caused them to pay higher prices.
Citigroup has hired Gavin Michael from JPMorgan to oversee technology for its consumer bank.
Hedge fund ValueAct took a fresh Morgan Stanley stake, but the activist investors weren't necessarily angling for major changes at the investment bank.