The Directors of the Bank of Canada have announced that they have appointed Stephen S. Poloz as Governor of the Bank of Canada for a seven-year term, effective 3 June 2013.
What do you do when the Pope tweets about rising unemployment in Europe, but the trillions of euros you have pumped into the financial system fail to get the economy going again?
There is residual fear in the market but Goldman Sachs CEO Lloyd Blankfein said the US market has nothing to fear but fear itself.
LinkedIn beat expectations, member growth to 225 million, but it didn't help its stock, which plummeted ten percent after-hours.
Why bankers get a bad name.
How the mighty have fallen.
Morgan Stanley shareholders should vote against the bank’s executive pay plan in an advisory ballot this month, shareholder-advisory firm Glass Lewis & Co. said.
Citigroup has bolstered its corporate and investment banking team Down Under, announcing a newly-created chief operating offer role.
Neuberger Berman Group has announced it has hired 22 emerging markets debt (EMD) investment professionals, 19 of whom have joined the firm from ING Investment Management, where they managed over $16bn in EMD assets.
Embattled hedge fund giant SAC Capital is moving to strengthen its compliance protocols and adopt stricter policies against insider trading, according to a letter to shareholders from founder Steve Cohen shared with CNBC.
Bank of America’s Merrill Lynch was the latest bank to be dragged into a rash of foreign-exchange-related unfair dismissal lawsuits after a former trader sued the bank.
Deutsche Bank will close its Russian banking and securities businesses as co-CEO John Cryan presses ahead with a plan to exit some countries and the lender grapples with a probe into alleged money laundering at its Moscow office.