When Barclays executive Sam Dean went to a career fair earlier this year, he asked to speak with a group of students who were not studying finance.
Cathal Deasy will be joining Credit Suisse in October as head of mergers and acquisitions for Europe, the Middle East and Africa.
Not picking up the tab.
The idea of modern banking was born in Siena in 1624, when the Medici Grand Duke decided to guarantee accounts held at Monte dei Paschi, the world’s oldest bank, with the proceeds of pasture he held in the Maremma in south-western Tuscany.
BP is to take a further $2.5bn (£1.87bn) hit as a result of the Deepwater Horizon accident, bringing the total cost of the environmental disaster to almost $62bn.
Michael Coscia, the first person convicted of spoofing after it was made a crime under the Dodd-Frank Act, was sentenced to less than half the prison time sought by federal prosecutors.
Changing the structure of compensation.
'Deeply unhelpful for our cause'.
A former JPMorgan Chase trader involved in the London Whale case was improperly identified by the U.K. regulator in its penalty notice over the scandal, a court ruled.
Wall Street would have to come up with billions of dollars in additional capital in a proposed revamp of the Federal Reserve’s annual stress tests that could also scrap some provisions that lenders have criticized.
A post-Brexit Britain could become “highly attractive” to foreign investors put off by conditions inside the European Union, according to the head of Europe’s largest newspaper publisher.
Steven Cohen’s Point72 Asset Management has been on its biggest ever hiring spree in Asia, seeking higher returns amid turmoil in the global hedge fund industry.