JPMorgan’s head of regulatory policy is leaving the bank to run one of the major Wall Street lobbying groups.
UBS has prevailed against an investor's multi-million-dollar arbitration claim for losses tied to the firm's Puerto Rico bond funds, following a string of investor victories.
Not good news for some.
A former foreign exchange trader claiming he was unfairly dismissed by Citigroup said the sharing of client information looks wrong now it has come under scrutiny from regulators, but was condoned by senior management at the time.
Some of Wall Street’s biggest financial institutions - including Goldman Sachs, JPMorgan, Citigroup and HSBC - have agreed to a $1.87bn settlement to resolve allegations they conspired to limit competition in the lucrative credit-default swaps market.
The U.S. Securities and Exchange Commission was allowed to pursue a lawsuit against two former brokers who sought to upend how the regulator battles insider trading. But the victory may be short-lived.
The European Central Bank is stepping up supervision of euro area banks with plans to recruit about 230 people for its regulatory arm, an increase of about 25%, according to a person with knowledge of the matter.
Former RBS CEO Fred Goodwin has been told to cut down an 20ft hedge at his Scottish mansion that has 'overpowered' his neighbours' gardens.
Citigroup has promoted James von Moltke to treasurer, filling a job left vacant earlier this year when Eric Aboaf left to become Citizens Financial Group’s chief financial officer.
The Bank of England plans to encourage innovation in financial technology by collaborating with companies who are designing innovative payment systems and cyber security, to further build on Bitcoin’s blockchain concept.
UK Target M&A Accounts for 4% of Worldwide Total, Lowest Percentage on Record; UK IB Fees Fall 22%
Stock market flotations by British companies have slumped in 2016 because of fears about the outcome of the referendum on EU membership and the slowing economy.