London has held on to its crown as the favourite city of the global elite, but has New York and Asian cities snapping at its heels.
Economics Ph.D. student Fabrice Tourre, a former Goldman Sachs trader found liable for fraud, will no longer be teaching undergraduate economics this spring.
I’ll never forget the somewhat reproachful words of Her Majesty the Queen when she visited the London Stock Exchange after the financial crisis of 2008: 'Did no-one see this coming ?'
A portfolio manager at Man Group has decamped to Neuberger Berman to help expand the asset manager's growing lineup of alternative mutual funds.
Look for 100 percent increase in shares of financial institutions across the board, banking analyst Dick Bove said.
Kenneth Moelis is set to harvest the rewards of setting up his own business as his merger advisory firm heads toward an initial public offering.
Five former members of Bernard Madoff’s inner circle told a 'staggering' number of lies to prop up their boss’s $17.5bn Ponzi scheme, a prosecutor said during closing arguments in their criminal trial.
Legg Mason has announced a definitive agreement to acquire QS Investors, a leading customized solutions and global quantitative equities provider based in New York, with $4.1bn in assets under management and nearly $100bn in assets under advisory.
The Japanese cabinet is to consider how best to apply the country’s existing laws to bitcoin – with a view to taxing the currency.
This is no Pope joke.
The Bank of England deputy governor, Minouche Shafik, has said she will not vote for an interest rate rise until she is convinced wage growth has recovered.
The fall from grace for China’s biggest brokerage and investment bank, Citic Securities, has been fast and steep.
Norwegian entrepreneur Alexander Vik showed up in London court Friday to fight a claim that he hid assets to avoid paying more than $250m in legal fees to Deutsche Bank, saying that he owes double that to his own father.