Citigroup said third-quarter markets revenue will be up in the “mid single digits” range from a year earlier, led by rates and currencies trading.
Troubles in the energy industry have presented opportunities for bond investors thirsting for yields.
Jim Cramer spoke with Wells Fargo CEO John Stumpf, who says he holds himself accountable for the alleged abusive sales tactics of his company.
UBS' Dawn Fitzpatrick said that the markets are overly focused on central banks and should pay more attention to political catalysts.
The SEC alleges that from at least January 2012 to September 2014, Backus was not trading in the same stocks recommended by his services as he claimed.
A new firm at the top.
Warren Buffett had $1.4bn wiped from his fortune Tuesday after Wells Fargo fell 3.3% as the fallout continued from revelations that bank employees had opened more than 2m accounts without clients’ approval.
Bank of New York Mellon has appointed David Cruikshank as chairman of Asia-Pacific, replacing Stephen Lackey who becomes vice chairman of BNY Mellon Pennsylvania.
'People apparently were making bad choices to hang on to their job'
The former president of the European commission has hit back against criticism about his new role at Goldman Sachs by insisting he will act with integrity and discretion.
BlackRock, the world’s largest asset manager, is exploring a sale of its second office tower in Singapore’s central business district, people with knowledge of the matter said.
Fitch Ratings placed the debt ratings of struggling Deutsche Bank on negative watch Thursday given likely challenges in its restructuring plan.
Wells Fargo revealed that up to $1.7bn (£1.4bn) has been set aside to deal with legal costs from its fake accounts scandal.