Bill Winters is questioning whether a private-equity arm fits his vision for a simpler and safer Standard Chartered. An investment in a Nigerian energy firm shows why.
JPMorgan inflated the value of complex bonds it sold to individual investors, by 15% in one example, according to a study by a financial consulting firm that works with plaintiffs in securities litigation.
For the first time in its 44-year history, Sequoia Capital, one of the most vaunted venture capital firms in Silicon Valley, has hired a female investing partner for its U.S. operations.
UBS, the world’s third-biggest currency trader, said it processed a record number of currency trades during the minutes of the pound’s flash crash this month.
In the battle for supremacy on Wall Street’s equity trading desks, the most successful banks are dangling a precious resource in front of hedge-fund clients: a balance sheet.
Elizabeth Warren might have been happy to see the sudden resignation of former Wells Fargo CEO John Stumpf last week. But that doesn't mean she's a fan of the new boss.
Deutsche Bank should shrink its securities business and eliminate more jobs to help lower costs further, according to some of the bank’s largest investors.
Two senior staffers of major investment banks have called on the UK to secure a transition period for industry post-Brexit.
The majority of businesses fail. Here's why — and how you can avoid the same fate.
France might not be totally thrilled about Brexit but that's not going to stop Paris swooping in on London's financial crown, bankers were warned today.
Global bank executives are softening their warnings that the U.K.’s looming withdrawal from the European Union will spur an imminent exodus of staff from London.
The Stanford Graduate School of Business's 2016 employment report shows record-breaking salaries for its MBA graduates, Poets & Quants reported.
Wells Fargo said retail customers opened 44% fewer new accounts in October from a year earlier in the wake of the bank’s record-setting settlement with regulators over its cross-selling scandal.