Deutsche Bank co-Chief Executive Officer Anshu Jain was forced to halt a speech in Frankfurt Thursday as a group of shareholders vented their anger at the company’s policies.
The Financial Conduct Authority (FCA) has fined J.P. Morgan International Bank Limited (JPMIB) £3,076,200 for systems and controls failings relating to its provision of retail investment advice and portfolio investment services.
It will only take one bank to ban bonuses to open the floodgates.
Bob Diamond, who stepped down as head of Barclays last year amid a rate-rigging scandal, is considering backing a firm started by former executives at the bank’s investment unit that was acquired by BlackRock in 2009, according to a person familiar with the matter.
David Cameron will meet security chiefs Thursday following the murder in London of a man who may be a soldier, an attack the prime minister said had 'strong indications' of being a terrorist incident.
We have all been there, stuck working with someone who makes your work life miserable.
Ken deRegt, a Morgan Stanley veteran called on to revamp risk-management and the fixed-income trading business after returning in February 2008, is leaving again to join investment firm Canarsie Capital Group.
Global markets continued their rally on Wednesday as Ben Bernanke, chairman of the US Federal Reserve, made clear he had no intention of cutting short his $85bn-a-month (£56bn) quantitative easing programme in the near future.
Nomura has announced the appointment of Tom Haskins as a Managing Director and Head of Foreign Exchange Sales Americas, and Eric Miller as a Managing Director and Head of Interest Rates Sales Americas.
The trials and triumphs of corporate chieftains are daily blood sport here at CNBC. These days CEOs seem to be on a winning streak.
Deutsche Bank co-Chief Executive Officer John Cryan is considering the biggest overhaul of the lender’s management structure in more than a decade, according to a person with knowledge of the matter.
Doctors wear scrubs. Cops carry guns. Lawyers wear suits. Bankers carry the bag.
Sell in May and go away, don’t come back until St Leger Day.