Global IB Fees Flat; Strongest Year for Europe IB Fees since 2011; JP Morgan Takes Top Spot; Fees from ECM Up 19%; DCM Fees Down 18%
Bill Gross’s Pimco Total Return Fund suffered its 11th straight month of withdrawals in March as the world’s largest bond fund trailed peers, according to Morningstar.
BNP Paribas, Bank of America and three other banks were added to a lawsuit by investors now accusing a dozen institutions of rigging prices in the $5tril-a-day foreign-exchange currency market.
Goldman Sachs is looking to sell its New York Stock Exchange market-making unit to a Dutch investment firm, as computers replace traders who once dominated the business at the corner of Wall and Broad streets.
Many of us City folk start the new financial year in January, but others of us have to face April 1st as the day of reckoning too.
EMEA Announced M&A Increases 33% Net of Competing Bids for SFR | Telecommunications Highest Valued Sector | Financial Sponsor Activity Rises
Mergers & Acquisitions Review
HSBC has made some progress in improving its anti-money laundering program as required by a 2012 deferred prosecution agreement with the U.S. Justice Department, but there remains 'much work to be done', federal prosecutors said in a Tuesday court filing.
Any UK involvement announced deals.
The mass appeal of Michael Lewis' books has the potential to turn the debate into a very public trial of Wall Street in general.
George Osborne has discovered that share prices can go down as well as up.
Morgan Stanley has scaled back a group that invests in financial technology on behalf on the bank's equities division, according to people familiar with the matter.
Warren Buffett will be an adviser on the new series of the celebrity version of The Apprentice, and will be joined by some similarly big name stars, though none quite so prolific.