'I’d be surprised if they didn’t come back with a resizing of the investment bank again this year'.
This group of Wall Street employees is on a mission that has nothing to do with their day jobs: to find great burgers in Manhattan.
Call it Goldman Apps.
Investors see worse returns during the periods surrounding both marriage and divorce, according to a research paper published by the Social Science Research Network this month.
Tech M&A is at a 15-year high following NXT’s $16.1 billion bid for Freescale.
He will know in less than two weeks if he should start looking for a new job.
Only in the rarefied world of private equity would an annual payout of more than $300m for a top executive constitute a decline from the previous year.
Herve Falciani, who took a trove of data from HSBC that spawned investigations of extensive tax evasion by the bank’s clients, said he also has proof senior managers knew about the practices.
Credit Suisse took a provision of $290m for mortgage-related litigation just days after the U.S. Justice Department fined Morgan Stanley.
Ashish Thakkar, who co-founded African banking venture Atlas Mara along with former Barclays group chief executive, Bob Diamond, says they are planning a major push into mobile banking in Africa, as their aggressive takeover strategy continues.
Barclays is denying claims that the bank's senior staff want employees to boost morale with a friendship survey.
Goldman Sachs defended its strategy of waiting out the downturn in fixed-income markets, issuing a preemptive strike ahead of first-quarter earnings against those who argue that revenue from the business doesn’t justify the investment.
Andrea Orcel, head of UBS’s securities unit, said tougher financial regulation and negative interest rates are sapping global confidence as investors question investment banks’ ability to earn money.