Barclays and Credit Suisse are among banks that have given up Singapore office space as lenders pare ambitions for growth in the Asian financial hub.
The world’s biggest bond dealers, including JPMorgan and Morgan Stanley, failed to properly report trades to the industry’s price-tracking system more than 11,000 times. JPMorgan’s penalty: About three minutes of its annual profit.
BNY Mellon has announced it has reached an agreement to sell its One Wall Street office building in lower Manhattan for $585m to a joint venture led by Macklowe Properties.
Vanguard Group CEO Bill McNabb says the idea of tagging some funds as systemically important to the financial system - like banks-will cost investors.
You might be surprised.
Sad to report.
Jamie Dimon’s got his groove back.
Hostile merger and acquisition (M&A) activity around the globe has reached a seven-year high, to levels not seen since before the global financial crash of 2008, according to a new study.
Goldman Sachs has put its metals warehouse business up for sale, according to a spokesman.
A former Deloitte LLP executive will be suspended from practising as an accountant for two years after settling U.S. regulatory claims that he took thousands of dollars in markers while serving as an adviser on the firm’s audit of a casino gaming corporation.
Michael Steinberg, a former fund manager at SAC Capital Advisors, is free and clear of all allegations that he traded on insider tips after a 3 1/2-year fight with prosecutors and regulators.
Investment banks earned the least since 2002 from Russian corporate deals last year as sanctions and low oil prices curbed transactions, according to the consultancy Freeman & Co. Domestic lenders garnered more than half of the commissions for the first time as international firms retreated.
If it seems like the Davos reads like a who's who of the world elite, you wouldn't be wrong.