Smart leaders may become wise leaders when they have the foresight or courage to make unpopular and counter-intuitive decisions.
Citigroup’s European chief, Jim Cowles, said so-called U.S. universal banks like his own are gaining market share in investment banking because they can absorb the rising cost of regulation better than European peers.
Citigroup has named Joseph Chang as head of prime finance in Asia Pacific, according to an internal memo obtained by Reuters on Monday.
Here's something interesting sent to clients last week by Jefferies CEO Richard Handler and President Brian Friedman.
Lloyd Blankfein’s top deputies are no longer equal in terms of pay at Goldman Sachs.
U.S. Senator Carl Levin said he plans to forward results from his panel’s nine-month investigation into JPMorgan Chase’s record trading loss to the Justice Department and Securities and Exchange Commission to review for possible wrongdoing by company executives.
Goldman Sachs directors are getting a pay raise.
JPMorgan Chase shareholders continued to bobby for separating the chairman and CEO roles, formally calling for the company to install an independent director as chair.
Billionaire John Paulson lost more than $300m of his personal wealth on his gold bet, as the precious metal fell to its lowest price in almost two years Friday.
SAC Capital Advisors was sued by a public pension fund that holds shares of Wyeth, now a unit of Pfizer, over alleged insider trading on tips about an Alzheimer’s drug.
Hong Kong's first major IPO to brave the market since the depths of the China market rout, CRSC, opened nearly flat on debut Friday.
Just one member of the Bank of England’s rate-setting committee voted to raise interest rates from their record low of 0.5%, confounding City expectations that Threadneedle Street would use “Super Thursday” to send a strong signal that the era of ultra-low borrowing costs is coming to an end.
'I work 9 to 5, I get paid a ton of money, and I have a great life.'