Sad to report.
The place to be ?
And the winner is..
'Rules and regulations are killing this business'.
But accepted a big salary rise instead.
It's not all doom and gloom.
House husbands are in.
Former Goldman Sachs Group trader Matthew Taylor was sentenced to nine months in prison for concealing an unauthorized $8.3bn trading position in 2007 that caused the bank to lose $118m.
The Swiss National Bank on Thursday urged UBS and Credit Suisse to improve their capital and leverage ratios, which it said would be a key focus in the event of a crisis.
The Securities and Exchange Commission has charged Merrill Lynch with making faulty disclosures about collateral selection for two collateralized debt obligations (CDO) that it structured and marketed to investors, and maintaining inaccurate books and records for a third CDO.
Capital markets could adopt the technology behind bitcoin as early as next year, revolutionizing the industry by enabling more secure transactions and creating new streams of revenue, according to a report by TABB Research.
Deutsche Bank agreed to lease 92,000 square feet (8,500 square meters) of office space in London’s Victoria neighbourhood to bolster its asset and wealth-management businesses.
The surge in M&A this year has been driven in part by shareholder demands on CEOs, says David Solomon, co-head of investment banking at Goldman Sachs.