Christopher Dennis, a prime broker with Deutsche Bank in London, is leaving after eight years to join a hedge-fund startup, according to two people with knowledge of the matter.
Credit Suisse is already benefiting from measures taken to counter the strong Swiss franc, its deputy finance chief said on Tuesday.
Hungry for returns, investors are giving more new hedge funds a test drive.
Investors can expect Ruth Porat to bring two Google as its new CFO, RBC Capital Markets' Mark Mahaney says.
UBS has hired Gregoire Haemmerle from JPMorgan to lead corporate-client solutions in France, Belgium and Luxembourg.
New rules being rolled out to make bankers more accountable were "entirely reasonable" given the pain Britain suffered in the financial crisis, HSBC Chairman Douglas Flint said on Tuesday.
Australia & New Zealand Banking Group is interested in acquiring assets from Royal Bank of Scotland as the lender cuts back its operations in the Asia-Pacific region.
Chim Wai Kin, the chief credit officer who was Bank of China’s highest-paid executive, left his job amid pay cuts being imposed on senior managers at Chinese lenders, people with knowledge of the matter said.
A rule designed to reduce risk in the financial system could end up punishing the wrong banks.
Another former senior government official has signed up to be a paid advisor to a multibillion-dollar hedge fund firm.
The amount of borrowed money at big hedge funds is ringing alarm bells with Wall Street’s uber regulator, which made a new push to try to assess whether the $2.9tril industry could threaten the financial system.
Goldman Sachs has opened its vault to the 99%.
Almost half of the world’s superyachts belong to the moneyed inhabitants of the UK and US, a new survey suggests, as the global rich spent $2.68bn (£1.88bn) on their floating status symbols last year.