Mergers and acquisitions have hit $4 trillion this year, on track for a record annual deal value - and Goldman Sachs is the big winner so far.
BlackRock has agreed to purchase an $87bn money-market fund business from Bank of America as it builds scale in an industry grappling with new regulations.
A jury on Tuesday convicted high-frequency trader Michael Coscia of commodities fraud and 'spoofing', in the U.S. government's first criminal prosecution of the banned trading practice.
Goldman Sachs added the offering and auction of securities, as well as 'when-issued trading', to a list of activities that regulators and other government bodies are investigating.
Exchange-traded funds took the heat for the latest market "flash crash," but BlackRock CEO Larry Fink said Tuesday they shouldn't be blamed.
Here's 13 reasons interviewees give for seeking a new job at a rival firm.
Goldman Sachs CEO Lloyd Blankfein is continuing a busy schedule while battling cancer, his top deputy said Tuesday.
Deutsche Bank plans to appoint North America equities head Thomas Patrick to run the firm’s global stock-trading business, a person with knowledge of the decision said.
The bonuses of City executives should be linked to whether or not they meet targets for the number of senior women appointed at a firm, according to a government-backed report.
Never believe a big bank that boasts that its culture is so different: its lending principles conservative, its business immune to the traditional banking vices of over-confidence, over-expansion and bad behaviour.