Wells Fargo posted quarterly earnings that met expectations Friday, while revenue exceeded Wall Street estimates.
The cost of hire has just gone up.
Bank of America has appointed Mayank Saxena as head of its Southeast Asia financial institutions group (FIG), the latest in a spurt of investment bank hires in the financials sector amid a surge of dealmaking in Asia by banks and insurers.
Bank of America’s Merrill Lynch has appointed Akihiko Manaka to lead its mergers and acquisitions advisory business in Japan.
While you might not know their names now, you will. They are five hedge fund stars of the future as identified by Institutional Investor.
The City watchdog warned on Friday that banks and building societies could mislead regulators about the risks they pose to the financial system without tougher rules forcing them to keep more reserves.
· Global DCM activity totals $3.3tril, up 5% compared to YTD 2013
Shareholders in Banco Espirito Santo were hoping to resolve concerns about the fate of the institution at an extraordinary general meeting on 31 July in Lisbon.
Wells Fargo likely to report the strongest earnings among its peers this season, said FBR Capital Markets Managing Director Paul Miller.
Holmes Search has been named as Best Compliance Recruitment Firm 2014 by global financial website HITC for a record fourth year in a row.
Morgan Stanley Southeast Asia investment banker Nehchal Khanna is leaving the firm after more than five years, according to people with knowledge of the matter.
The dealmaker who played a key role in finding backers for Barclays’ emergency fundraising during the 2008 financial crisis has filed a lawsuit against the lender and is reportedly seeking nearly £1bn.
Dealmaking in America's oil patch plunged in Q4 as corporations preserved cash in the face of falling crude prices and tight capital markets.