JPMorgan has hired senior bankers from Rothschild and Standard Chartered Plc for its investment banking business in the Middle East.
Wanted: senior managers with banking experience who aren’t afraid of prison and don’t mind having their bonuses snatched back seven years after it’s paid.
Blackstone, one of the world's largest private equity firms, is dropping a controversial type of fee it charges clients.
Even when Goldman Sachs’s public reputation was taking a beating, the bank’s business acumen and profit remained the envy of Wall Street.
Hedge funds that bet on broad macroeconomic trends have bled money all year waiting for their investment ideas to hit. Some of their biggest wagers-from rising interest rates to a stronger U.S. dollar to more volatile markets-finally paid off in September, helping reverse an otherwise miserable 2014.
Thomas Eric Duncan, the first known person to develop Ebola in the United States, has died in Dallas. He was 42.
Counter-terrorism detectives are continuing to question four men, including one suspected of having links to Islamic State (Isis), on suspicion of plotting a terror attack on Britain.
Would you refuse a higher paying job if it meant you could continue working with friends ?
Deutsche Bank the German bank that has pledged to improve controls after criticism from regulators, hired Elizabeth J. Ford from Goldman Sachs Group Inc. as head of compliance for the Americas.
U.S. prosecutors are pressing to bring charges against a bank for currency-rate rigging by the end of the year, and actions against individuals will probably follow in 2015, according to people familiar with the probe.
HSBC has said that the U.S. Justice Department shut an antitrust probe into precious metals trading as prosecutors focus on a criminal fraud investigation.
Credit Suisse has begun selling $1.9bn of distressed-debt holdings that triggered losses at the end of last year, as part of an overhaul by CEO Tidjane Thiam, people with knowledge of the matter said.
Citigroup said it received a subpoena from the U.S. Attorney for the Eastern District of New York regarding the bank’s possible role in bribes paid to international soccer officials.