With a competitive wave of nominations received, Private Banker International (PBI) has released the shortlist for the prestigious 10th PBI Global Wealth Awards 2015.
UniCredit CEO Federico Ghizzoni declined to comment on Thursday on a report that the bank was mulling more than 10,000 lay-offs saying there were no specific figures yet on the table.
HSBC has appointed Efe Kapanci to head its mergers and acquisitions business in the Middle East and North Africa.
'Conduct a brutal and open self analysis, because without it and without acknowledging your own weaknesses and strengths, you can’t pursue such an overhaul'.
The British day trader accused of contributing to the 2010 flash crash enlisted a computer programmer to help him work out a system to manipulate stock prices, e-mailing pleas for help perfecting his 'spoofing' efforts, U.S. prosecutors said in an indictment.
Global investment banks may see revenue drop 19% in the third quarter, lowering earnings per shares across the industry, as a surge in volatility caused by turmoil in China recedes, according to analysts at JPMorgan.
A former Lloyds Banking Group trader sued the bank for unfair dismissal after he was fired in the wake of the company’s fines for Libor manipulation.
HSBC has demonstrated its commitment to its high street banking operations in the UK by rejecting the idea of reviving the Midland name that hung over its 1,000-strong branch network 20 years ago.
It has come to our attention that some members of staff are making politically incorrect comments to fellow employees, and even business contacts.
Dennis Lafferty, one of Goldman Sachs’s top distressed-debt traders, is in talks to join HSBC to run a new loans and special situations unit in New York, according to two people with knowledge of the matter.
Not picking up the tab.
The idea of modern banking was born in Siena in 1624, when the Medici Grand Duke decided to guarantee accounts held at Monte dei Paschi, the world’s oldest bank, with the proceeds of pasture he held in the Maremma in south-western Tuscany.
Michael Coscia, the first person convicted of spoofing after it was made a crime under the Dodd-Frank Act, was sentenced to less than half the prison time sought by federal prosecutors.