Frankfurt is seen upping attempts to attract financial firms, amid reports that banks such as Goldman Sachs are mulling relocation of some operations.
Credit Suisse, the bank seeking to lower costs at its investment bank, cut two equity analyst positions in Dubai and reduced jobs in South Africa, including researchers covering stocks, according to people familiar with the matter.
Citigroup denied moving too slowly to close out a client’s trades in a lawsuit linked to the market turmoil that followed the Swiss National Bank’s surprise decision to scrap its currency cap last year.
THE value of UK M&A in the third quarter increased from the previous quarter despite Brexit uncertainty, according to EY which predicts the end of the so-called megadeal.
A former UBS trader is pushing the financial watchdog to reveal the details of its investigation into the bank during the Libor scandal, in a bid to have his ban from the City reversed.
The deliberations are at an early stage.
Uncertainty about the size of the penalty that Deutsche Bank faces from the US authorities for a misselling scandal a decade ago has knocked almost 4% off the share price of Germany’s biggest bank.
Axel Weber, UBS chairman and a former policymaker at the European Central Bank (ECB) , has warned today's incumbents that monetary intervention is causing international spillovers and major disturbances in global markets.
Moving one in three of its employees to rival financial hubs across Europe.
The agency on Friday reaffirmed its low-end investment-grade rating on Deutsche Bank credit.
Here's a league table of 30 of the biggest trading losses of all time (excluding CDO losses post 2007).
Henry Kravis has spoken to President-elect Donald Trump about being Treasury secretary, The New York Post has learned.
Global bank executives are softening their warnings that the U.K.’s looming withdrawal from the European Union will spur an imminent exodus of staff from London.