A potential big bank combination.
Automation was just one of the "evolutions" taking place in the financial sector, the chief executive of Morgan Stanley said.
Big bonuses are back on Wall Street — but not for everybody.
New EU regulation being phased in early next year will provide a "shake-out" to the investment banking industry, the chairman of RBS told CNBC Wednesday.
Wells Fargo could more than double investment-banking revenue with its existing roster of clients, Chief Financial Officer John Shrewsberry said, which would put it among the biggest global firms in that business.
Credit Suisse is unwinding Anteil Capital Partners, the group it set up to take minority stakes in hedge-fund firms, according to people familiar with the matter.
JP Morgan has begun telling staff whether or not they will be relocating to the European Union ahead of Brexit, a senior boss at the US investment bank has said.
The London Stock Exchange (LSE) Group has cancelled talks with the activist hedge fund led by Sir Chris Hohn, deepening a row over its outgoing head Xavier Rolet.
Morgan Stanley Chairman and CEO James Gorman said anybody who thinks bitcoin will be stable is "deluding themselves."
The European Central Bank has warned banks that some of their Brexit plans are inadequate as they involve setting up “empty shell” operations in the EU that are not properly staffed.
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Co has announced that John Hudson and Kristin Lesher have been named the new co-heads of Investment Banking Coverage, effective immediately. Both will report to Walter Dolhare and Rob Engel, co-heads of Wells Fargo Securities.
Nomura has hired former Citigroup banker Omar Ghalloudi as head of developed markets trading, flow credit for Europe, Middle East and Africa.
Bank of America Merrill Lynch said on Wednesday that it will increase the pay of brokers each month who grow their business in 2018 and will cut the monthly pay of those who do not, in a bid to the Wall Street brokerage’s own growth.
A former Morgan Stanley executive’s hedge fund has soared 49% this year by sticking with well-timed bets on technology stocks and investing in some of China’s hottest private companies.
The votes are in and have been counted.
"Markets are driven by their perception of stability," the Virtu Financial founder and onetime Trump nominee says.
HSBC has revealed that it closed accounts linked to South Africa’s Gupta family corruption investigation, admitting for the first time concerns about its potential ties to the snowballing scandal.
Raising the stakes for compensation.
Many of you will already have had one of these from your firm. If you haven't, expect something similar sometime soon.
'We gave a three-year program because that is how long it takes to get anywhere'.
U.K. politicians are fighting to get a deal early next year that will ease businesses’ panic about Brexit. For some industries, it’s probably too late.
The Queen’s bank, Coutts & Co., is cutting as much as a tenth of its workforce as it tries to boost its profitability.
Global investment banking revenues may decline 9% this quarter on low volatility and a selloff of high-yield debt, analysts at JPMorgan Chase said.