A Nomura bond salesman, who was fired when a series of soured deals with an obscure client caused the bank’s biggest-ever single trading loss, said a London court ruled that he’d been unfairly dismissed.
Wells Fargo, the world’s most valuable bank, agreed to buy Analytic Investors, adding $15bn of assets under management.
A Labour peer who previously served as Ed Miliband's business adviser has vowed to quit Labour if Jeremy Corbyn is retained as party leader.
These recent comments by Yahoo CEO Marissa Mayer are the epitome of Silicon Valley arrogance, says Basecamp programmer Dan Kim.
Barclays has reached a $100m (£77m) settlement with more than 40 US states for fraudulent and anticompetitive conduct in relation to the Libor rigging scandal.
Most people would say Richard Branson has "made it" — except the mogul himself.
Allen & Co. represents Wal-Mart in the latest sign that smaller upstarts are challenging the big banks on merger deals.
Lloyds Banking Group is facing a legal challenge to close the gap in pensions for its female staff.
Barclays has appointed Emily Portney as the chief financial officer for its corporate and international (BC&I) business, which includes its investment bank, a person familiar with the matter said on Friday.
Investment banks are expected to pocket big fees from a proposed emergency plan for Italian lender Monte dei Paschi di Siena.
Nomura is poised to report a second straight quarter of profit from overseas as it boosted revenue from fixed-income trading and trimmed costs after completing job cuts, said people with knowledge of the matter.
Goldman Sachs has featured prominently in the headlines this year, even before the leak of Theresa May’s pre-EU referendum speech to the investment bank’s staff.
Nothing stands still in the City.