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'.
Things became increasingly emotional.
Tom Hayes told a London court Monday that he was suicidal and depressed two years ago when he admitted to prosecutors that he was behind a scheme to rig Libor rates.
Credit Suisse’s Tidjane Thiam is the "right man" to lead the lender even though the bank has lost more than half of its market value since he took over, Chairman Urs Rohner said.
Barclays has already scrapped its Brexit crisis plans as the situation is much less severe than bosses had previously feared.
JPMorgan is of two minds about poaching brokers: It can hire whomever it wants from competitors, but many of its own brokers are off-limits.