Goldman Sachs, the investment bank nicknamed 'Government Sachs' because of senior executives who have moved into public posts, won’t be entering politics itself.
Bove Veteran bank analyst Richard Bove says the Cyprus bailout is positive for U.S. banks, because fears that European officials may target depositors in other future bailouts will lead to an outflow of money from Europe and into America.
Research by ClusterSeven on C-level executives and senior managers working in financial services in the UK has revealed dangerously poor attitudes to business critical data managed in spreadsheets and similar databases.
Italy's highest appeal court has ordered a fresh trial in the case of the murder of British student Meredith Kercher, overturning the acquittals of Amanda Knox and Raffaele Sollecito and paving the way for a potential extradition tussle between Italy and the US.
Bank of America’s Ben Samuels, head of a global equities sales desk in London, was among employees who left amid cuts at the company’s investment bank this month, said two people with knowledge of the moves.
Business trips abroad can often be a welcome break from office routine, but sometimes they can go hideously wrong.
Barclays has dismissed a Singapore- based private banker and is helping authorities investigate potential wrongdoing affecting clients’ assets.
A 17-year-old London schoolboy has sold his app company to the internet giant Yahoo for an estimated £18m. But he won't be moving to the company's California headquarters just yet … because he wants to finish his A-levels.
Sir Mervyn King warned last night that the global financial crisis is "far from over" and that fundamental changes are needed to the international system before confidence can be regained.
Samina Akram left her job at Merrill Lynch International Bank eight years ago to start her own consultancy in London specializing in Shariah-compliant finance. Now she’s seeking to empower women in male-dominated Islamic banking.
An ex-Goldman Sachs programmer who twice won reversal of guilty verdicts for taking the firm’s high-frequency trading code when he left for another job isn’t yet in the clear as prosecutors press an appeal.
London’s fund industry is bouncing back, and U.S. billionaires Steven Cohen and Ken Griffin are grabbing a piece of the action.