A radical move that is likely to impact jobs.
Sad to report.
UBS doubled the number of quants working for Chief Investment Officer Mark Haefele in the past two years. He wants to hire even more.
Pimco co-founder Bill Gross says his former firm has grown so unreasonable after a falling out over an unpaid bonus that it’s trying to force his attorneys to defy the realities of global travel.
HSBC’s vice-chairman of global banking and markets Spencer Lake is leaving the firm after being sidelined in a reorganization of the investment bank earlier this year.
Deutsche Bank is nearing an agreement with the U.S. Department of Justice to settle a long-running investigation into the sale of residential mortgage-backed securities, Manager Magazin reported.
A behind-the-scenes look at hedge fund Renaissance Technologies, whose network of affiliated people has given $37 million this election cycle.
In the wake of the $190 million Wells Fargo settlement over customer fraud charges, there's an increasing need for "individual culpability" for banking infractions, Federal Reserve Governor Daniel Tarullo told CNBC on Friday.
This year has been one to forget for venture capitalists due to the lack of tech IPOs, but with the Coupa Software filing, several are on the docket.
Sit down at your desk, turn up the sound and watch.
Donald Trump’s presidency represents worrying news for – well, a lot of people.
Investors can expect to see more regulatory probes into the sponsorship of stock listings in Hong Kong, the city's top markets enforcement official said, underlining a crackdown that has already led to two global banks being investigated.
Will Hobbs, Head of Investment Strategy in UK & Europe, Barclays Wealth and Investment Management, comments on the recent outcome of the US Presidential election: