Brad Hintz, a Sanford C. Bernstein analyst who covered investment banks including Goldman Sachs for more than a decade, is leaving Wall Street to become a professor at New York University.
Commerzbank will probably be the next bank to resolve alleged U.S. sanctions violations, a person with knowledge of the matter said.
The Vatican bank has announced a plunge in net profit last year after a "painful but necessary process" of reform saw it close thousands of accounts, wind up investments and hire expensive external experts to help with the clean-up.
A battle is raging on Wall Street as never before, with powerful factions scrambling for control of a precious resource.
Huxley Banking & Financial Services has been named as Best IT Recruitment Firm 2014 by global financial website HITC.
Bob Diamond, one of the best known bankers on both sides of the Atlantic, has taken the unusual step of joining Twitter.
Europe’s banks face a further $50bn of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley.
Hedge-fund mogul Paul Singer, after an 11-year battle to collect on defaulted Argentine bonds — a fight that included three huge legal victories and a global hunt for assets — stands weeks away from possibly collecting $832m on an estimated $48m investment.
Fund managers across the globe are optimistic about attracting more investors over the next five years, a survey by consultants EY showed, while also indicating that some managers are starting to feel the pinch from regulatory pressure over pay.
Sir Mike Rake has turned down to the opportunity to become the next chairman of Barclays, following a string of scandals at the bank.
New research has found English is lacking in the language of positivity: in short, we don't have all the right words to describe the subtle express joy as other languages.
Additional actions are likely against private trading venues run by some of Wall Street’s biggest banks, the nation’s top securities regulator and New York state’s attorney general said today as they announced record settlements with two global banks over their so-called dark pools.
Has half of your office failed to turn up to work today? There might be a reason for that - and if the boss finds out, someone might be about to get into trouble.