Keeping up with the Joneses.
Goldman Sachs has hired 350 investment banking summer interns out of 17,000 applications, claiming it has 'no problem' attracting talent six years after the financial crisis sparked a series of deep cuts to Wall Street jobs and bonuses.
After a decade of investigations, US authorities last September decided to move "as quickly as possible" to fine HSBC on money laundering charges that the Treasury Department concluded were the most "egregious" it had ever seen, according to newly released documents.
The Chinese walls put in place on Wall Street from a decade-old legal settlement, separating investment banking business from analysis, may be crumbling down, a new study suggests.
Preqin’s May edition of Hedge Fund Spotlight reveals over half of industry capital is managed by the top 100 hedge fund managers, ranked by assets under management (AUM).
All the latest Morgan Stanley news this Friday.
All the latest Goldman Sachs news this Friday
All the news on UBS this Friday.
It's important that the Sony board examine activist investor Dan Loeb's proposal to spin off part of the entertainment business and it's premature to speculate on what will happen, CEO Kazuo Hirai told CNBC's "Closing Bell" on Thursday.
The Securities and Exchange Commission has charged UBS Financial Services of Puerto Rico and a former branch manager for failing to supervise a former broker who had customers invest in UBSPR affiliated mutual funds using money borrowed from a UBSPR affiliated bank.
Dick Bove likes Citigroup and its current management team but he says it needs to get out of the retail-banking business. Here's why.
Glencore has attempted to calm growing concerns about its finances, insisting that it is “operationally and financially robust” despite volatile trading in the commodity group’s shares.