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.
Its storied past has been has been marred by its near collapse during the 2008 financial crisis and subsequent sale to Bank of America. But Winthrop H. Smith Jr., says he does not want the firm remembered this way.
A low profile is probably a good thing.
A shareholder who suffered losses in a penny stock trading debacle in Singapore is suing Goldman Sachs, accusing the investment bank of arbitrarily selling her holdings and saying the sales contributed to a crash in their prices.
It's good to be top.
Good news, or bad ?
Credit Suisse has said Rolf Boegli, head of wealth management for super-rich clients in Switzerland, will step down at the end of the year for health reasons
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.