In memory of Gabriel Magee.
The judge in Mathew Martoma’s insider-trading trial warned his lawyers against questions tied to Steven Cohen’s trading strategies, saying it could open the case to a wider probe of the SAC Capital Advisors founder.
PIMCO announced four additional Deputy Chief Investment Officers, a senior Generalist Portfolio Manager hire and two departures.
Citigroup is increasing its gas and power business in Europe as competitors from Bank of America to Deutsche Bank withdraw amid tighter regulation and staff cuts at utilities.
Barclays is facing an extra £330m in costs for legal and regulatory bills, the bank announced on Wednesday, as it confirmed that its branch network faces an overhaul in the coming years.
Middle-market companies have historically relied on regional banks for deal making, but an appetite for Wall Street M&A specialty is growing.
"We thought he would be my successor ... That's not going to be the case," Pimco co-founder Bill Gross said.
Dow Chemical Chairman and CEO Andrew Liveris told CNBC on Wednesday that Warren Buffett supports his vision for the company.
When Ben Bernanke steps down as chairman of the Federal Reserve this week, having presided over his final committee meeting, the sniping might stop.
The vice-president of the Bitcoin Foundation, which lobbies on behalf of the digital currency, has resigned amid allegations he helped launder money for Silk Road, the online drug bazaar.
The travel industry is facing the greatest turmoil in 30 years because of the recent series of incidents capped by the terrorist attacks on Paris, said Thomas Cook chief executive Peter Fankhauser.
Banking is reaching an “Uber moment” in which technological advances will lead to hundreds of branch closures and a possible halving of the number of staff employed in the sector, the former chief executive of Barclays has warned.
HSBC is attempting to address the lack of gender equality at the top of its operations by setting a target for equal numbers of women and men in senior roles in its UK arm.