Alisdair Gayne, head of corporate broking at Barclays, is staying at the bank after spurning an approach to join UBS as chairman of its investment bank, a person with knowledge of the matter said.
Credit Suisse has hired Cameron Lester, a general partner at venture-capital firm Azure Capital Partners, as head of global Internet investment banking.
The Securities and Exchange Commission has charged Deutsche Bank with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions of dollars.
A number of jobs are said to be on the line.
'I never had a losing quarter, never had a losing year'.
'He was the ringmaster; at the very centre'.
Goldman Sachs has named Kate Richdale and Andrea Vella as its new co-heads of investment banking in Asia excluding Japan, according to an internal memo seen by Reuters on Tuesday.
As many as seven top officials at UBS sold their shares at some of the best prices in years after the bank reached an agreement with U.S. prosecutors ending major legal threats.
A BNP Paribas trader fired amid a U.S. probe into sanctions violations asked a Paris employment tribunal for about $3.2m days after the same court awarded Jerome Kerviel more than $506,745.
For any investor looking to reach the top of the global rich list, blowing their fortune on a single lunch may seem an unlikely way of securing a leg up on their rivals.
Financier Guy Hands dramatically abandoned his £1.5bn lawsuit against Citigroup on Friday, nine years after the ill-fated £4.2bn takeover of music group EMI that sparked a long-running legal battle with the American bank.