Deutsche Bank, has hired former Goldman Sachs partner Sam Wisnia as head of fixed-income structuring, according to a person briefed on the appointment.
Loose talk has cost Royal Bank of Canada $2.5m (£1.5m) after one of its bankers broke strict rules on initial public offerings (IPOs) and spoke about the imminent flotation of Alibaba.
Less money, fewer problems. That may be Bill Gross’s new mantra, as he embarks upon a new chapter of his storied fixed-income career.
The 7,114 brokers at UBS Wealth Management Americas generated record quarterly revenue of $1.9bn in the three months ending September 30th, largely through selling loans to clients and funneling their assets into packages of mutual funds and other managed accounts.
The Serious Fraud Office of Britain said on Tuesday that it had begun criminal proceedings against a former employee of the brokerage firm Tullett Prebon Group in connection with the manipulation of a global benchmark interest rate.
Bill Gates is now worth $81.2 billion, according to Forbes. But how well do you really know the world's richest man?
Bankers in the U.S. feel the most upbeat among their peers globally about their bonus prospects for this year, according to a new survey.
Deutsche Bank swung to a loss in the third quarter after setting aside $1.1bn to cover the costs of settling investigations of past wrongdoing.
Nomura said its four years of losing money abroad may soon be over as the firm rebuilds businesses outside of Japan after cutting costs.
Peter Sands, the chief executive officer of Standard Chartered, faces pressure from shareholders after the lender’s stock slumped to the lowest in more than five years on a forecast drop in profit.
The London Stock Exchange said a merger with its Frankfurt rival Deutsche Börse would be “compelling”, as it reported a 31% rise in profits for 2015.
A possible bid by the Intercontinental Exchange (ICE) for the London Stock Exchange Group (LSE) is reportedly likely to include selling off the London exchange's Italian business and French clearing arm.
Morgan Stanley appears to have promoted conflicts of interest in a questionable sales contest that pushed some of their riskiest loans on their richest clients, The New York Post has learned.