Mike Whitehead has joined Bank of America's GTS EMEA as head of Financial Institution (FI), Non-Bank Financial Institution (NBFI) and Public Sector Sales.
Daiwa Capital Markets has hired Philip Brewer as London-based Executive Director in its Fixed Income Division. He will be responsible for co-ordinating the firm’s e-commerce operations for Fixed Income products across e-trading platforms.
JPMorgan Chase has agreed to pay $18.3m to settle claims that its Bear Stearns unit failed to disclose the actual interest rates on adjustable-rate mortgage documents.
The Greek edition of the Mickey Mouse magazine has become the latest victim of the country's economic crisis after its publisher announced that it would halt the publication after 47 years.
Deutsche Asset & Wealth Management (DeAWM) has announced that Matt Montana has joined the firm as a Managing Director and Head of Equity Trading, Americas.
Baird has announced that it has added Robert ('Rob') J. Andrews Jr., to the firm’s Healthcare Investment Banking team as a Managing Director.
Schroders has announced that Mark Lacey will join as a co-fund manager on Schroder ISF Global Energy and Schroder ISF Small Cap Energy.
BNY Mellon has named Eric Pulinx as Chief Financial Officer of its European banking entity The Bank of New York Mellon SA/NV, subject to regulatory approval.
Ratings agency Standard and Poor's (S&P) has claimed the lawsuit filed against it by the US Justice Department was 'retaliation' against its decision to downgrade the US's credit rating.
In recent months, SAC's portfolio managers have been talking in earnest, both with management and among themselves, about how converting to a so-called family office would work, says one of these people.
A group of Bank of America private bankers that helped anchor the firm’s wealth-management practice in one of California’s wealthiest enclaves has defected to start an independent company.
Market tumult has delivered a hit to a number of areas, notable among them hedge funds, which have seen a promising year turn south in a hurry.
JPMorgan shareholders on Tuesday won court permission to pursue their securities fraud lawsuit against the bank over the 'London Whale' trading scandal, which caused a $6.2bn loss, as a class action.