Worldwide M&A Up 36% Net Of Competing Bids; Number Of Deals Falls To Decade Low
UBS is poised to receive immunity from European Union currency-rigging fines after it was the first to approach regulators in the probe, according to a person with knowledge of the case.
As European banks gear up for stress tests, one analyst told CNBC that almost none of them would pass the U.S.'s tougher scrutiny.
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
Swiss banking giant Credit Suisse is expected to reveal a loss later this week as it gets ready to write down billions of pounds worth of assets.
The Financial Conduct Authority is expected to face criticism on Monday when MPs debate a motion on whether it is up to the job of regulating behaviour in the City.