John Thain - chairman and CEO of CIT Group, former CEO of Merrill Lynch and former CEO of NYSE -sat down for a wide-ranging interview with Bloomberg Television's Erik Schatzker and Stephanie Ruhle on 'Market Makers' this week.
UBS today announced that Juan Luis Perez will join the bank as Global Head of Research and Barry Hurewitz as Global COO of Research.
Work is a real drag.
UBS won dismissal of a U.S. pension fund’s lawsuit claiming it made misstatements and omissions in a $2.5bn offering of mortgage-backed securities in 2007.
So much for Miami's first $100 million sale.
A former broker for Wells Fargo and Morgan Stanley has pleaded guilty to wire fraud over what federal prosecutors called a $1.8m cheque fraud scheme that cheated a widowed client in her 80s.
The Federal Reserve should taper its massive bond-buying program at this point, but it shouldn't be as big as deal as investors are making it out to be, Lloyd Blankfein, chairman and chief executive of Goldman Sachs, told CNBC on Wednesday.
With federal prosecutors in Manhattan facing a December deadline to bring additional charges connected to Bernie Madoff’s multibillion-dollar Ponzi scheme, they are weighing criminal charges against several people connected to the case, said people briefed on the investigation.
Five years after its implosion, Lehman Brothers, once the world's fourth largest bank, is still a giant corporation with roughly 300 employees working full-time in offices all over the world.
Nomura has announced that Anthony DiClemente and M. Ian Somaiya will join the firm as Managing Directors and senior analysts covering the U.S. media & internet and U.S. biotechnology sectors respectively.
Supermarket chain Morrisons has ditched celebrities such as Ant and Dec - who failed to boost its fortunes over the crucial 2014 Christmas shopping season - and will instead feature its own staff in its seasonal advertising this year.
Rob Shafir will remain at Credit Suisse as chairman of the Americas even as he steps down from the bank’s executive board.