NYPD Commissioner Ray Kelly, unwanted by Mayor-elect Bill de Blasio, is in the running for a top security job at JPMorgan Chase, sources at the financial giant told The New York Post.
French bank Societe Generale plans to cut 375 jobs across Europe in its securities-services business, a staff union said in a newsletter posted online after meeting with management.
Morgan Stanley has been asked by the U.K.'s Financial Conduct Authority to provide details in relation to its foreign exchange investigation, according to sources.
Global IPOs are up 26% YTD; US IPOs account for 36%; Twitter is Largest Tech IPO since Facebook.
Goldman Sachs has said it’s under investigation by regulators probing the potential manipulation of foreign-exchange rates.
Currency traders from Deutsche Bank to HSBC, after enjoying a boom just a few months ago amid speculation the Federal Reserve was preparing to pare its record stimulus, are again seeing their profits squeezed.
Goldman Sachs and other underwriters on Twitter’s initial public offering will share about $59.2m for managing the sale after accepting one of the smallest fee rates for a U.S. IPO this year.
Just a month after many people predicted its demise, the virtual currency climbed to a record $273.50.
The Bank of England (BoE) left interest rates at a record low of 0.5 percent and its asset purchase target unchanged at £375 billion as expected on Thursday.
No sweet talking now.
Michael Platt, who runs the $8bn BlueCrest Capital Management, will return all client money and instead focus on managing his own wealth and that of his partners and employees.
Barclays faces a higher than expected bill to recruit Jes Staley, who began his job as the bank’s chief executive on Tuesday.
Billionaire, social network founder and, once upon a time, everyone’s unsolicited friend on Facebook, Mark Zuckerberg added two more titles to his name on Tuesday.