Accelerating delivery of the strategy.
Former Citigroup currency trader Perry Stimpson won his lawsuit against the bank over claims he was unfairly fired during an investigation into allegations of market rigging.
Credit Suisse has appointed its investment-banking chief in the Asia-Pacific region, Vikram Malhotra, to run a newly created unit serving ultra-rich entrepreneurs.
Bank of America’s Merrill Lynch unit plans to sign up five Asian hedge-fund start-ups a year as part of its emerging manager program that gives them exclusive access to the bank’s resources, usually reserved for managers of billions of dollars.
It hasn't been a banner year for the Oracle of Omaha .
The Financial Conduct Authority has said it is prepared to intervene to increase competition and reduce charges to the 25 million customers of Britain’s £6.6tn investment management industry.
A former ICAP employee accused of helping rig Libor told a London court that interdealer brokers are second-class citizens in the financial world who are ignored by better-educated bankers.
UBS will shift the heads of its onshore China investment-banking unit from Beijing to Hong Kong, while its offshore advisory head for the country Jiang Guorong will move in the opposite direction, as the bank tries to more closely integrate its Chinese businesses.
Barclays is expected to pay at least $100m to settle an investigation by New York’s banking regulator into whether it abused the 'last look' practice on its electronic currency-trading program, according to a person briefed on the matter.
Nomura, Asia’s global investment bank, announced that it is continuing to strengthen its Investment Banking Division with six recent senior appointments in the Americas, including Head of Equity Capital Markets for the Americas.
Banks across Europe have endured a difficult year, and some experts say the effect on U.S. stocks is forthcoming.
UK deal activity could be boosted by the Bank of England’s interest rates cut, mergers and acquisitions (M&A) experts have suggested.
Bitfinex has said it is considering sharing losses among all its users after around $70 million worth of bitcoin was stolen earlier in the week.