The next financial crisis is coming, it’s a just a matter of time – and we haven’t finished fixing the flaws in the global system that were so brutally exposed by the last one.
There were 285 individual analysts representing 41 firms singled out for their performance, according to the latest Institutional Investor rankings.
'We are deeply saddened by the sudden passing'.
Wall Street’s surviving fat cats are getting even fatter.
The 12 employees who handled the envelopes were being kept under medical observation.
Former ICAP brokers known as 'big nose' and 'Lord Libor' helped Tom Hayes rig the London interbank offered rate “enthusiastically” over four years, prosecutors said on the first day of the second trial into benchmark manipulation.
Credit Suisse has hired former Standard Chartered banker Richard Kao for its greater China corporate finance team, a source with direct knowledge of the matter told Reuters on Wednesday.
The top Democrat on the U.S. Senate Banking Committee is conducting a wide-ranging inquiry into Wall Street’s compliance with government enforcement settlements, following complaints that banks keep getting in trouble after being punished by regulators.
Morgan Stanley has hired Anthony Armstrong from Credit Suisse as co-head of technology mergers and acquisitions.
Anshu Jain, who stepped down as co-chief executive officer of Deutsche Bank in June after 20 years at the company, said he regrets that its transformation into a global bank didn’t translate into a rising share price.
The world’s most famous currency speculator has warned that a vote on Thursday for Britain to leave the EU would trigger a bigger and more damaging fall for sterling than the day he forced Britain out of the Exchange Rate Mechanism almost a quarter of a century ago.
Billionaire fund manage Bill Gross claims he has suffered damages in excess of $200 million from Pimco, his former employer.
A grueling couple of weeks lie ahead for big banks, which will be tested by market volatility as well as regulatory exams.