Deutsche Bank has made 2014 into a make-or-break year for co-Chief Executives Anshu Jain and Juergen Fitschen, who have stuck to ambitious targets for the bank that could be threatened by its long list of legal problems.
Goldman Sachs’ co-head of investment banking in Brazil, Fabio Bicudo, will leave the company 10 months after taking the job.
Oppenheimer Europe has announced the appointment of Lance Heatley as Managing Director, Head of Fixed Income Trading.
Sidney Gilman, the 81-year-old former University of Michigan neurologist who claims he passed tips about clinical tests of an Alzheimer’s drug to SAC Capital Advisors fund manager Mathew Martoma, said he has 'holes' in his memory of a key meeting.
UBS’s board supports the strategy of keeping the investment bank to help provide services needed by the company’s ultra-rich clients in wealth management, Chairman Axel Weber said.
Credit Suisse was sued by Li Tao, chairman of New York-listed China Green Agriculture, who claims the bank was negligent and made unauthorized trades on his behalf.
The Financial Conduct Authority (FCA) has fined Standard Bank £7,640,400 for failings relating to its anti-money laundering (AML) policies and procedures over corporate customers connected to politically exposed persons (PEPs).
Sir Andrew Large, a former Deputy Governor of the Bank of England, said the way Royal Bank of Scotland runs its controversial global restructuring group is 'flawed'
UBS and JPMorgan are among at least four banks in talks to settle a third European Union probe into derivatives linked to benchmark rates such as Libor, according to three people familiar with the case.
The Securities and Exchange Commission has announced that a former Oppenheimer & Co. portfolio manager has agreed to be barred from the securities industry and pay a $100,000 penalty for making misrepresentations about the valuation of a fund consisting of other private equity funds.
A 14-year-old boy has solved a Rubik’s cube in under five seconds, beating the previous world record time by 0.35 seconds.
An under-the-radar hedge fund run by Gabriel Plotkin, a former star money manager at SAC Capital, is shaping up to be one of the year's best performers.
Surges in London property prices have spurred calls the city is a bubble waiting to pop, but investors are still positive on the market.