“Bright working-class kids lose out.
Like a lot of hedge funds, Principal Global Investors’ Macro Currency Group uses computer-driven models to devise trading strategies. What sets it apart is that its machines only make calls once a year.
The Securities and Exchange Commission has announced that RBC Capital Markets has agreed to a $2.5m settlement for causing materially false and misleading disclosures about its valuation analysis in a proxy statement for Rural/Metro Corporation’s sale in 2011 to a private equity firm.
Europe needs to see more banking mergers for the sector to be in position to become more profitable, Deutsche Bank Chief Executive John Cryan said on Wednesday, amid a report Germany's biggest lender had looked at No. 2 player Commerzbank.
The accountancy watchdog has dropped an investigation into the former Tesco chief financial officer Laurie McIlwee, nearly two years after an accounting scandal emerged at the supermarket.
Deutsche Bank's boss has given his backing to London as a financial hub, even though he thinks it might end up looking different to what we know now.
Theresa May set the cat among the corporate pigeons when she promised to reform boardroom governance at UK public companies.
PricewaterhouseCoopers has been fined £2.3m by the accountancy watchdog over its auditing of the subprime lender Cattles and its biggest division, Welcome Financial Services, in 2007.
Goldman Sachs has hired Tom Leake to run EMEA equity structuring, based in London. Leake joins from Deutsche Bank where he was global head of the equity structuring group.
Deutsche Bank has made “good progress” in talks with the U.S. Justice Department to settle an investigation into its subprime-era mortgage securities business, according to management board member Christian Sewing.
UBS, Julius Baer and Grupo BTG Pactual are among banks considering a local wealth-management business in Argentina, people familiar with the matter said, as one estimate predicts the government’s tax-amnesty program could bring as much as $16bn in offshore money back to the nation.