There is something seriously wrong with bank regulation and litigation in the US today, says bank analyst Dick Bove.
Deutsche Bank priced its 8.5 billion euro capital hike at 22.50 euros per share on Thursday, higher than forecast.
Mizuho International continues to strengthen its Fixed Income business with senior-level hires.
'The pressure from bank shareholders will put downward pressure on compensation'.
BNP Paribas is telling clients that it’s making every effort to ensure their business won’t be disrupted if the bank’s U.S. dollar-clearing operations are halted under a settlement of alleged sanctions violations.
Prudential Financial, the life insurer that recruited money managers from BlackRock and Goldman Sachs, is seeking additional hires to bolster its investments business.
Barclays is eliminating at least seven posts in its Scandinavian and continental European fixed-income teams as part of its job cuts across the investment bank, according to people with knowledge of the matter.
Goldman Sachs has named John Kim as its new head of mergers and acquisitions (M&A) for Asia ex-Japan and will relocate Christos Tomaras from London to join that team, amid surging deal volumes in the region.
A federal appeals court has thrown out a controversial 2011 ruling by a judge who refused to approve a $285bn settlement between Citigroup and the Securities and Exchange Commission, saying the deal 'failed to address the public interest'.
France's biggest bank, BNP Paribas, has been threatened with a downgrade to its credit rating as it braces for a potential $10bn (£6bn) fine from US regulators for busting sanctions.
Wall Street's biggest dealmakers will be showered with big bonuses this month but many other bankers face a lean year as executives seek to retain top talent while at the same time try to keep a lid on costs.
If you're figuring out whether to talk up your viewing of a Sunday afternoon movie into "world cinema enthusiast" on your CV, don't bother.
Former Goldman Sachs director Rajat Gupta is a free man after serving 19 months in federal prison for leaking tips to hedge fund billionaire Raj Rajaratnam.