Confused ? You will be.
Hedge funds ? Buffett spits 'em out.
U.S. bank JPMorgan retained its crown as the top performing investment bank in the first nine months of the year, having made revenue of $17.1bn in the year-to-date, new data showed on Friday.
Sad to report
Former Goldman Sachs trader Deeb Salem appealed a ruling by a New York state judge rejecting his bid for almost $5m in bonus money on top of $8.25m he got in a 2010.
Worldwide M&A activity totals $3.2 trillion, up 48% compared to YTD 2013
Ex-UBS trader Roger Darin, facing U.S. charges of manipulating Libor, a financial benchmark, claims he’s in a “Kafkaesque situation” that bars him from working or leaving his home country of Switzerland.
Morgan Stanley enlisted Eugene Tutunikov, Citigroup’s former head of algorithmic credit trading, to bolster the firm’s business of trading bonds electronically, according to a person briefed on the move.
ICAP, the world's largest interdealer broker, said on Thursday it would combine its foreign exchange trading platform EBS and fixed-income trading platform BrokerTec.
Barclays asked that a federal judge in New York handle claims it hid the role of high-frequency traders in its dark pool, saying the evidence in the case is 'incredibly complex' and includes millions of trading records.
Royal Bank of Scotland is cutting 448 investment banking jobs in the UK, moving two-thirds of them to India.
A former Schroders equities trader has pleaded guilty to nine counts of insider trading.
Deutsche Börse and the London Stock Exchange said they expected to cut costs by €450m (£354m) a year as they sought to press on with their agreed £20bn deal and ward off a potential rival bid from the US.