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Gross on Pimco: 'It was time for me to leave'

Bill Gross Interview Pic

Bill Gross, the former chief investment officer of Pimco, has said there 'was no reasonable way' for him to remain at the nearly $2trn asset management company he founded, as he described for the first time his 'slow' realisation that he had to leave.

World Mental Health Awareness Day

BWC Logo

It’s Mental Health Awareness Day and at Bank Workers Charity we want to highlight the different services we offer to support people suffering from mental health issues.

Nomura uprated by Moody's

Nomura Logo

Nomura Holdings Inc.’s credit rating was raised by Moody’s Investors Service for the first time since November 2005 amid improved profitability at Japan’s biggest brokerage.

UBS tightens rules for staff

UBS sign

UBS is tightening its rules on how employees can trade securities for personal accounts, telling staffers it wants to prevent potential abuses.

Bernanke defends AIG bailout in court

Ben Bernanke

Former Federal Reserve Chairman Ben Bernanke took the stand in the American International Group bailout trial Thursday afternoon appearing slightly combative and vaguely annoyed at having to testify.

JPMorgan exec: Market ripe for M&A

Merge lanes road sign

The environment for mergers and acquisitions is as strong as it's ever been, a top JPMorgan Chase banker with nearly 40 years of experience on Wall Street told CNBC on Thursday.