Harley Bassman, a Managing Director at Credit Suisse’s securities arm who calls himself 'The Convexity Maven', said he is leaving the bank.
Several U.S. institutional investors said they are closely monitoring the developments at Pimco, the bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing acrimony between him and co-founder Bill Gross.
Not bad for blowing the whistle.
'It's about risk. Risk, efficiency and productivity'.
'For the past week he never said anything'.
'They’re depending on him to build revenue'.
Morgan Stanley and Goldman Sachs both decided last month that it was worth losing millions of dollars in fees to get credit on a big merger they didn’t work on, four people with knowledge of the matter said.
The @GSElevator book isn’t dead yet.
Bank of England Governor Mark Carney is due to get a grilling from U.K. lawmakers on Tuesday, as the investigation into alleged manipulation of the currency markets reaches Britain's central bank.
Bank of England concern about the pound's strength has been revealed in comments from one of Threadneedle Street's top officials, who has said a further rise in sterling would damage hopes of an export boost to the economy.
Isis Pharmaceuticals on Friday announced that it will change its name to Ionis Pharmaceuticals.
Britain’s richest households have pulled further ahead of the rest of the population as house prices have accelerated, with the top 10% now owning almost half of the country’s £11.1tn total private wealth.
Brazil’s Supreme Court released André Esteves, former chief executive of the Brazilian investment bank BTG Pactual, from jail on Thursday, but the fallen banking star is far from a free man.