Goldman Sachs is upgrading its Sigma X dark pool, winding down a retail market-making operation and hiring an executive for Europe as the bank overhauls its equity electronic-execution business.
The former chief operating officer of Barclays is setting up his own investment firm, three years after the Libor scandal prompted his resignation from the bank.
Scott Wede, Barclays’ New York-based global securitized-products trading head, is retiring more than a decade after joining the British bank as foreign lenders used a wave of hiring to become competitors in the U.S. bond business.
Gregg Lemkau, co-head of global mergers and acquisitions at Goldman Sachs, spoke with Bloomberg Television's Stephanie Ruhle and Erik Schatzker about the outlook for corporate dealmaking.
Signs of a recovery in big European states such as France suggest 2016 could be the best year for the region in over a decade, one fund manager says.
Houlihan Lokey has announced that it has agreed to acquire McQueen Limited (McQueen), a London-based independent advisory firm that provides corporate finance and other strategic advisory services to clients in the consumer sector. The agreement was signed on July 20 and is expected to close following regulatory approvals.
Citigroup has hired John Lowrey to be global head of cash electronic execution as the bank invests in a stock-trading business ranked last by revenue among the five largest Wall Street firms.
A federal judge rejected HSBC's bid to dismiss a U.S. lawsuit claiming that its failure to perform its duties as trustee for $2.37bn of residential mortgage-backed securities contributed to the downfall of five federal credit unions.
The Serious Fraud Office has raised the possibility of offering Barclays a deferred prosecution agreement as part of its long-running investigation into the way the bank raised billions of pounds from Middle Eastern investors during the height of the 2008 banking crisis.
If you think America's wealthy don't know what it's like for the average person, think again.
Barclays raised severance packages for a second time since it asked about 100 equity employees in Tokyo to leave the firm in January, people with knowledge of the matter said.
The $2.9tril hedge-fund industry may lose about a quarter of its assets in the next year as performance slumps, said Tony James, Blackstone’s billionaire president.