Guggenheim Partners has slashed personnel at an internal hedge fund that hasn't lived up to its big expectations.
Under pressure from its U.S. regulator, Bank of America has shifted its compliance group from its legal department to its risk oversight group, a source familiar with the matter said.
Deutsche Bank is beefing up its regulatory back bench.
A vote of confidence.
'Thoughtless human being'. 'Complete twit'. 'You can't just behave like that in public and expect to get away with it'.
Natural disasters took many fewer lives and inflicted less costly damage in 2014 than in an average year, according to insurer Munich Re.
Alisher Usmanov is no longer Russia's wealthiest individual after losing $4.5 billion of his fortune last year, according to Wealth-X.
What do you do if you manage a company that has just ousted its founder following a string of sexual harassment allegations?
At least in terms of fees.
Another lesson for us all on the consequences of using social media - even in jest.
Deutsche Bank's finance chief said the first two months of 2016 were the worst start to a year for banks in general that he has seen in his banking career.
Goldman Sachs plans to close a branch in Geneva to streamline operations, according to a person briefed on the situation.
JPMorgan promoted James Banghart and Matthew Greenberg to co-heads of emerging-market credit trading, replacing Robert Milam, who left last month amid volatility in the asset class and a raft of departures.