SAC Capital Advisors money manager Michael Steinberg lost a bid to delay his insider-trading case, leaving him to face a jury next week in the first of two upcoming trials tied to the hedge fund run by Steven A. Cohen.
Goldman Sachs lost at least nine managing directors in Brazil this year as revenue from investment banking falls and trading and wealth-management fees increase, four people familiar with the matter said.
Former star financial analyst Meredith Whitney is hoping to make a big comeback-and big money-by applying her financial advisory skills to the hedge fund game. But it's not clear if investors will buy in.
12% to go.
The U.S. Securities and Exchange Commission has asked Goldman Sachs to disclose the salary and bonus of a former bank vice president who was found liable of securities fraud.
Sir Hector Sants, one of the most senior figures in the City during the banking crisis, has quit a high-profile role at Barclays just weeks after being signed off sick with exhaustion and stress.
RBC Capital Markets has announced the appointments of Randall Stanicky as Managing Director and lead analyst of RBC’s Specialty & Generic Pharmaceuticals research team, and David Francis as Managing Director and analyst covering Healthcare IT and Distribution Services.
Schroders has announced the expansion of its institutional sales team with the appointment of Claire Glennon who joins to take up a new role within the UK & Ireland Institutional Business Development team.
Influential CLSA bank analyst Mike Mayo may have been wrong about putting a sell rating on Bank of America stock but insists he remains "dead right" for calling out perceived accountability issues at the bank.
Governor Mark Carney: 'For the first time in a long time you don't have to be an optimist to see the glass is half full.'
Bank of America has reached a $335m settlement of a federal lawsuit accusing it of misleading shareholders about its exposure to risky mortgage securities and its dependence on an electronic mortgage registry known as MERS.
HSBC Monday reported a better than expected 32 percent rise in pretax profit for the third quarter, as lower fines and settlements offset a decline in revenue.
Martin Blessing, who led Commerzbank for seven years, won’t extend his contract when it expires in 2016, becoming the latest CEO to join an unprecedented wave of management changes at Europe’s banks.