Most hedge funds that bet on broad macroeconomic trends lost money in January, hurt by reversing equity markets and wrong-way currency bets.
The US economy added just 113,00 new jobs in January, according to figures released on Friday, fuelling fears that the recovery in the jobs market appeared to have stalled.
January's employment report was a "disappointment, but not a massive one," Goldman Sachs' chief economist told CNBC on Friday.
Barclays is imposing a £140,000 cap on cash bonuses for its investment bankers as it prepares to hand out roughly twice as much to employees as it does though shareholder dividends.
Cash is no longer King.
The London Tube strike.
'It doesn’t bode well'.
Seriously, what kind of career strategy involves complaining about the boss ?
A very tough year.
Billionaire, social network founder and, once upon a time, everyone’s unsolicited friend on Facebook, Mark Zuckerberg added two more titles to his name on Tuesday.
Royal Bank of Scotland CEO Ross McEwan said the bank probably won’t report a profit in the fourth quarter, citing weak earnings trends in the previous three-month period.
The judge who sentenced Tom Hayes to 14 years in jail for conspiracy to rig Libor interest rates blocked the defence from presenting key evidence about a banking industry that routinely flouted rules, his lawyer told an appeals court on Tuesday.