The founder of SkyBridge Capital is set to take over as communications director following months of speculation and false starts about where he would land.
Traders are betting on even calmer stock markets as the S&P 500 persistently climbs higher.
As Shkreli's trial ends its fourth week, fraying nerves between both sides have become obvious, and led to sniping between prosecutors and defense lawyers.
The group has lost almost one-third of its market share to rivals.
Two whistle-blowers are set to share a record $61 million award from the Securities and Exchange Commission for helping make the case that JPMorgan Chase failed to disclose to wealthy clients that it was steering them into investments that would be most profitable for the bank.
Banks are running out of options to lease large amounts of office space in Frankfurt following the U.K.’s vote to leave the European Union.
Some in the bitcoin space said there are more hurdles to jump over yet in the scaling debate.
Frankfurt is expecting to win post-Brexit commitments from six new banks in the coming months after scoring a series of big wins this week.
'This is really starting to take steam and it’s going to transform the industry over the next two to three years'.
Some well-known names in the financial industry are buying bitcoin, and more could come.
Analysts continue to lower their views on the prospects ahead for Goldman Sachs as the firm struggles to cope with a tough trading environment.
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Credit Suisse is planning to hire more relationship managers in Saudi Arabia, joining rivals including Deutsche Bank AG in designating the country as a priority for their wealth management businesses.
Major City firms will start implementing their Brexit contingency plans at the end of the year unless there is an agreement about the UK’s transition terms for exit from the EU, according to the City regulator.
Morgan Stanley reported second quarter earnings Wednesday that soundly topped expectations, helped by profits from its wealth management business.
Goldman Sachs' management team is looking for ways to revive the bank's bond trading business and drum up more revenue from existing clients who have lately become less profitable for the bank.
Citigroup has chosen Frankfurt as its newest trading hub in the European Union and plans to present that option to its board of directors this week for approval, according to a person with knowledge of the decision.
BNP Paribas has agreed to pay $246 million to settle Federal Reserve allegations that the bank failed to keep its currency traders from using electronic chatrooms to manipulate prices.
Goldman Sachs traders turned in their worst first-half performance since Lloyd Blankfein rose from that business to become chief executive officer in 2006 as second-quarter revenue from the fixed-income unit plunged 40 percent.
Barclays’ Jes Staley will strive to silence a chorus of skeptics when the lender reports second-quarter earnings on Friday.
Richard Liu gave up a seven-figure salary this month to get into one of the hottest financial instruments around right now: initial coin offerings.
At the first New York edition of Internapalooza, engineers from Goldman Sachs and Quicken Loans greeted hundreds of computer science students with smiles and swag as their firms worked to recruit young talent.