UBS, the bank facing client complaints over Puerto Rican bond funds, said its local chairman is leaving the company next month.
The position of Standard Chartered's chief executive, Peter Sands, was under ever greater pressure yesterday as a profit warning sent the FTSE 100 bank's shares to a three-year low.
The suit New York Attorney General Eric Schneiderman has brought against Barclays, accusing the bank of running its dark pool for the benefit of high-frequency traders, has all Wall Street wondering: What will Barclays do ?
Bank of New York Mellon will move its headquarters to lower Manhattan’s Brookfield Place as part of an effort to scale down its office space and streamline operations.
Emerging markets experts at Deutsche Bank, JPMorgan and Morgan Stanley are bearish on investing in Brazil regardless of the World Cup.
Damning allegations that Barclays cheated and defrauded its customers pushed shares in the besieged bank to their lowest levels in 18 months on Thursday and set back attempts by its boss Antony Jenkins to turn around its troubled reputation.
Someone has gotta pay.
A cost-reduction plan.
Hays Financial Markets, the leading recruiting expert, has been named as Best Contingency Recruitment Firm by global financial website HITC.
Abigail Jones Feder, a JPMorgan managing director who oversaw cash and bond investments for the bank’s private clients, has died. She was 51.
JPMorgan agreed to pay $995m to resolve claims by Ambac Financial Group that it was duped into insuring mortgage bonds backed by shoddy loans, paving the way for approval of a much larger settlement between the bank and institutional investors stemming from the global financial crisis.
Staff absences are now costing businesses more than £500 per worker, but employers are still not doing enough to protect their employees' wellbeing.
Tim Leissner, the Goldman Sachs executive who helped build the investment bank’s Malaysia business, has relocated to Los Angeles and is on personal leave, people familiar with the matter said.