Pack those desks.
European banks are still lagging behind the U.S. banking industry, which has almost completely recovered from the global financial crisis, Jamie Dimon, chief executive of JPMorgan, told French newspaper Les Echos.
From a corner conference room overlooking the Thames, Michael Sherwood, a vice chairman of Goldman Sachs, has the guts to voice publicly what many in London’s centuries-old financial district are increasingly worried about behind closed doors: that threats to Britain’s membership in the European Union are threats to British business.
BlackRock, the world’s largest money manager, hired Barry Knapp from Barclays to oversee a new strategies team for its active bond unit.
Bridgewater Associates, the largest hedge fund firm in the world, has posted modest, positive returns this year as others that bet on macroeconomic trends have faltered.
Worldwide announced Mid-Market M&A deals valued up to $500 million (including undisclosed value deals) totaled US$166.1 billion for the first quarter of 2014 – a 2.6% increase year-on-year.
With less than a month to go until Sotheby's crucial annual shareholder's meeting in New York City, the battle between the storied auction house and activist investor Dan Loeb is growing more contentious.
A member of Britain's diplomatic service has won a 100,000 euro ($140,000) cash prize for his proposal outlining a blueprint for Britain after its potential exit from the European Union.
Putney based charity, The Royal Hospital for Neuro-disability (RHN) is recruiting City workers to take part in an indoor rowing challenge atop City Hall on Thursday 11 June.
Staffers were asked to refrain from addressing him by name in the lobby.