A group of former Barclays executives are launching a London-based asset management firm that combines socially responsible and Islamic investment principles, seeking to build crossover appeal among both investor segments.
In his first public comments since resigning from Switzerland's largest insurer after being named in the suicide note of its finance chief, Josef Ackermann said it was unfair to blame him for what he called a surprise tragedy.
Here's Thomson Reuters Investment Banking Weekly Scorecard.
Goldman Sachs, on pace to be the top adviser on U.S. initial public offerings for the first time since 2009, scored a coup by landing the lead role on Twitter Inc.’s sale.
According to Yahoo CEO Marissa Mayer, a lot of people want to work at the tech company.
Putting in the hours ?
UBS is half way through its planned 10,000 job cuts, said CEO Sergio Ermotti. The bank is undergoing a major cost-cutting overhaul.
Facebook’s botched initial public offering is coming back to haunt Morgan Stanley.
Bank England Governor Mark Carney said the central bank was ready to act if the U.K.'s fledgling recovery failed to materialize, and recommended limiting how much homeowners could borrow should the housing market overheat.
Chesapeake Energy has been laying off employees as it moves ahead with a company-wide reorganization.
Royal Bank of Scotland will face a reduced capital surcharge after dropping to the bottom rung of the Financial Stability Board’s 2015 list of too-big-to-fail lenders.
Shell has sought to reassure shareholders about its blockbuster takeover of BG Group by announcing an extra $1bn (£650m) of cost savings aimed at making the $70bn deal work in the face of persistently low oil prices.
UBS has announced changes to its Group Executive Board (GEB), the firm's most senior management body, and to its Board of Directors (BoD).