Klaus Oestergaard, a former partner and money manager at Brevan Howard Asset Management LLP, rejoined Europe’s biggest privately held hedge-fund firm after leaving more than a year ago.
Twitter's shares slipped on Monday after some of the five lead underwriters of its initial public offering said the social media firm may not achieve Facebook-like scale and its stock may not rise much higher.
Bank of America announced on Monday that it had reached a settlement with Freddie Mac to resolve issues related to residential mortgages the bank sold to Freddie up to 2009, effectively ending all contractual disputes between the two on loans issued before the financial crisis.
A technological banking glitch on one of the busiest online shopping days of the year left millions of shoppers unable to pay for transactions using their credit or debit cards.
Fortune's annual list is filled with executives who defied expectations (buying a newspaper, leaving luxury for Apple), executed big turnarounds, and delivered stellar results for their shareholders.
Having a Christmas Party this year ? Not all firms are celebrating.
Credit Suisse have reached a confidential settlement with a 57-year-old analyst who won an age-discrimination claim against the bank earlier this year.
A much more positive tone is revealed in the fifth Outlook for Investment Banking Services, the annual survey of corporate decision-makers from Thomson Reuters and Freeman Consulting Services.
The U.K.’s Investment Management Association is pressing regulators to provide more information about the alleged manipulation of the foreign-exchange market, said two people with knowledge of the matter.
Wall Street’s big banks are squeezing financial advisors and their clients out, industry veterans are saying.
A group of victims who lost family or were injured in two US embassy bombings in Africa are suing BNP Paribas for $2.4bn, alleging the bank helped finance the terrorist attacks by doing business with blacklisted nations.
Jes Staley, the newly appointed chief executive of Barclays, has spent £6.4m buying shares in the bank.