Three new directors have been appointed to the body which oversees the board of the Bank of England, including one who last week faced a shareholder rebellion over his appointment to the board he chairs.
Sad to report.
Trading firms and employees raised concerns about high-speed traders at Barclays’ dark pool months before the New York attorney general alleged in June that the firm lied to clients about the extent of predatory trading activity on the electronic trading venue, according to people familiar with the firms
Allianz, Europe’s biggest insurer and owner of Pacific Investment Management Co., is standing by Chief Investment Officer Bill Gross as his main fund trails peers and struggles with a record streak of investor redemptions, calling him an industry 'legend'.
Bank of America’s Merrill Lynch unit said it hired Rahul Srinivasan and Itay Singer from Credit Suisse for its European leveraged finance unit in London.
Mexican billionaire tycoon, Carlos Slim, has called for the introduction of a three-day working week, offset by longer hours and a later retirement, as a way to improve people’s quality of life and create a more productive labour force.
Hedge fund managers are expecting to deliver less than half of the returns for their investors in 2014 that they saw last year, as fears of a correction in stock markets mount, amid record high equity valuations.
Australia's markets regulator on Monday said it had censured the Royal Bank of Scotland after an investigation found that RBS traders had sought to influence the setting of the country's benchmark inter-bank interest rate.
Blackstone Group and KKR, defendants in a lawsuit alleging a group of private-equity firms colluded to keep leveraged-buyout prices low, are in talks to settle with the plaintiffs, according to two people familiar with the matter.
Bruno Iksil, the former JPMorgan trader who became known as the “London Whale” as his unit began generating more than $6.2bn in losses in 2012, surfaced on Monday to say he isn’t responsible for the debacle.
UBS said a five-year French probe into allegations it helped clients evade taxes has been completed, bringing the bank a step closer to facing a possible trial and fine.
Heads of many of the country's largest companies have rallied around Britain's "stay" campaign, according to a report in The Times.