Two US private equity firms are set for multi-million pound pay-outs when British retailers Pets at Home and Poundland float on the London Stock Exchange later this month.
A study suggests that some SEC employees engaged in insider trading in companies that became subjects of agency scrutiny, The Washington Post reports.
Barclays moved to limit overworking its junior bankers in the U.S. Friday, echoing recent initiatives by Goldman Sachs, Bank of America and others to stem a sometimes brutal work culture for post-college analyst programs.
Goldman Sachs, which generated 46% of revenue from sales and trading last year, recorded losses from that business on 27 days in 2013, up from 16 the previous year.
In The Wolf of Wall Street, sharp-suited Jordan Belfort, played by Leonardo diCaprio, makes calls from a scruffy strip mall in Long Island.
Here's the top 15 from Forbes list of the highest earning hedge fund managers and traders in 2013.
The top 10 guys in this area took home $1.7bn in 2013
The world’s biggest brands are put to the test and evaluated to determine which are the most powerful and most valuable.
The New York Times has solved the mystery behind the identity of the man behind the hugely popular Twitter account @GSElevator. His unmasking has proved to be something of a shock.
Lloyds Banking Group hopes to be able to save about £1bn in interest payments over five years by buying back bonds it issued shortly after the financial crisis.
Morgan Stanley this week cut staff covering short-term credit and regional broker-dealers, after a quarter in which the bank posted a 42% drop in bond trading, several sources told Reuters.
Rabobank Group will eliminate 9,000 more jobs over the next three years, the Dutch bank said as it announced a strategic overhaul that includes a revamp of its century-old cooperative structure.