Piper Jaffray has announced that it has entered a definitive agreement to acquire River Branch Holdings, an investment banking boutique focused on the financial institutions sector.
A joint U.S. officials staff report revealed that last year's bond market "flash crash" could not be attributed to a specific cause.
An interest rate hike in the UK is “moving closer”, the governor of the Bank of England told MPs in comments that have fanned market expectations that policymakers could start to tighten borrowing costs before the end of the year.
JPMorgan Chase delivered quarterly earnings that topped analysts' expectations on Tuesday.
Tom Hayes is a serial liar who changed his story multiple times to save himself amid a widening global scandal over the rigging of Libor, prosecutors said.
Goldman Sachs Asset Management has announced that it has entered into an agreement to acquire Imprint Capital ('Imprint'), a leading institutional impact investing firm and innovator in developing investment solutions that generate measurable environmental, social, and effective governance ('ESG') impact alongside a financial return.
Worldwide announced Mid-Market M&A deals valued up to $500 million (including undisclosed value deals) totaled US$440.9 billion for the first half of 2015, a 6.3% increase year-on-year.
'The losses are truly horrendous'.
The US Commodity Futures Trading Commission is settling charges against the bank for attempted manipulation and false reporting.
HSBC is set to appoint a new boss for its boardroom pay committee as current chair Sam Laidlaw is set to step down from the bank's board as early as next year.
Rich Ricci, the former head of Barclays investment banking and right-hand man of Bob Diamond, has warned that fintech startups will snatch market share from established financial institutions and change the landscape of banking.