JP Morgan retained its place atop the global investment banking league table last year, with the top five places now firmly in the hands of U.S. banks, reflecting their domination over struggling European peers data on Wednesday showed.
Morgan Stanley said its fixed-income trading business is performing better than at the end of last year, while gains in equities are more subdued.
Deutsche Bank is expected to be fined by the Federal Reserve and New York’s Department of Financial Services for its conduct in the foreign exchange market, a person familiar with the matter said.
A former trader at DBS Group’s brokerage unit was sentenced to 16 weeks in jail after being convicted in Singapore’s first criminal spoofing case.
A US court has ruled Bank of New York Mellon (BNY Mellon) must face Commerzbank over claims it is liable for $1bn (£800m) of losses incurred by the German lender from toxic assets it bought.
Senior Goldman Sachs and Morgan Stanley executives said they’re preparing to shift staff and operations from London to elsewhere in the European Union as Prime Minister Theresa May sets up the U.K.’s exit from the bloc.
Jefferies Group, burned worse than its peers by market turmoil at the start of 2016, generated six times more revenue from trading in this year’s fiscal first quarter and returned to profit for the period.
Deutsche Bank has opened a new center in New York to work with financial technology startups that can help it improve its technology.
Every success and failure can help you improve your leadership abilities.
A Chicago trader defrauded more than a dozen clients out of at least $1.5 million by pocketing their money instead of investing it, according to an indictment returned in federal court in Chicago.
The dollar stretches a lot farther in Seattle for burdened Bay Area techies
A European Central Bank inspection of Deutsche Bank's risk controls found deficiencies in derivatives and complicated financial bets that raise questions about pricing processes at the German lender, Il Sole 24 Ore reported.
This may make you feel a whole lot better about what you got - or a whole lot worse.
Credit Suisse is cutting at least half a dozen equities jobs in Hong Kong and Tokyo, as the bank continues to rein in costs in an effort to boost returns, according to people with knowledge of the matter.
Royal Bank of Scotland (RBS) has accelerated talks about a legal settlement with thousands of former investors, weeks before a trial that would see former chief executive Fred Goodwin called to give evidence.
All are said to be true stories.
CEOs are dads too.
Opportunities on the horizon for this cautious firm ?
The market has enjoyed a stellar bull run, but a correction is likely looming, according to Sven Henrich, also known as the "Northman Trader."
Deutsche Bank, Germany’s biggest lender, has given London a resounding vote of confidence by agreeing a 25-year lease on new UK headquarters in the Square Mile.
Two former associates of billionaire shipping and rig tycoon John Fredriksen are delivering out-sized returns by snapping up distressed and shunned oil-related assets. And they say it’s a bet that has plenty of room to run.