Lazard Capital Markets, the closely held brokerage controlled by current and former Lazard employees, said CEO William Buchanan resigned after the firm completed its strategic review.
An Italian judge has rejected a prosecutors' request to seize around $222m of funds from JP Morgan as part of an investigation into Banca Monte dei Paschi di Siena's acquisition of a smaller rival, a source with direct knowledge of the matter said.
Alcatel-Lucent, the French telecoms giant, just needs "a few additional quarters to really turnaround," its chief executive told CNBC as it announced reduced losses in the third quarter.
The owner of Madame Tussauds waxworks and the Legoland theme parks has launched the latest in a new wave of London flotations, in a move that will value the stakes of its private equity backers at billions of pounds.
BNP Paribas (Euronext Paris: BNP-FR) third-quarter net profit beat forecasts on Thursday, up 2.4 percent from the same period a year earlier. But the French lender highlighted weak trading at its fixed income unit.
A year ago, when Barclays' investment bank boss Rich Ricci was still at the bank, and part of the clean-up operation following the Libor fine, he told parliamentarians on the banking standards committee that the bank was looking at the integrity of 80 financial instruments and benchmarks where it was involved in setting prices.
Almost a year on from when Japanese Prime Minister Shinzo Abe voiced the need for radical change to kick-start Japan's moribund economy, analysts remain divided over the success of 'Abenomics.'
When I first started in the markets I roomed with a guy who worked at Goldman Sachs.
Here's a list of 10 companies back from the dead by Firmex.
Barclays Chairman John McFarlane said some observers of the lender have 'jumped to conclusions' about the firm’s strategy if former senior JPMorgan banker Jes Staley becomes chief executive officer.
Credit Suisse no longer wants to act as a market maker for European government bonds, the bank said.
A former trader in Rabobank's Tokyo office testified on Thursday against two former colleagues, citing a 'culture' among the bank's traders of manipulating Libor to benefit their own trading positions.