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C Suisse faces a tough decision

Tidjane Thiam

Credit Suisse faces a tough decision: either double down on its expensive debt operation or retreat from a business it has long viewed as a cornerstone in the U.S.

JPMorgan says more trading pain to come

Trading Desk

JPMorgan Chase, the first big U.S. bank to report earnings after the third-quarter’s market tumult, missed analysts’ estimates and cautioned that trading is off to a tepid start this quarter.

UBS to pay $19.5m to settle SEC charges

Sec Building

The Securities and Exchange Commission has announced that UBS AG has agreed to pay $19.5m to settle charges that it made false or misleading statements and omissions in offering materials provided to U.S. investors in structured notes linked to a proprietary foreign exchange trading strategy.



JPMorgan Chase

JPMorgan helps employees to dress for work

Casual isn’t necessarily cheap. To ease the transition to a recent move to business-casual attire, J.P. Morgan partnered with one of its clients to host a pop-up shop at its Park Avenue headquarters: Vineyard Vines.