In the depths of the financial crisis, Jamie Dimon, the chief executive of JPMorgan, and his top lieutenants were hailed as 'The Survivors' on a Fortune magazine cover. Today, of the 15 executives featured in that article, only three remain - and one of them has been demoted.
UBS has reported first-quarter earnings that beat analyst estimates on higher revenues at the investment bank and in wealth management.
BNP Paribas, Societe Generale and Credit Agricole, which spent much of the European-crisis years fixing operations outside France, are now counting the cost of the economic slump at home.
Goldman Sachs, which has been advising Apple on how to deal with its multibillion- dollar cash pile, and Deutsche Bank are in the lead to help the iPhone maker sell bonds for the first time in 17 years.
Andres Luther, co-head of corporate communications at Credit Suisse, will leave the Swiss bank to join consultancy Hirzel.Neef.Schmid.Counselors as a partner at the start of 2014.
Former Bank of America Wealth Management President Sallie Krawcheck spoke with FOX Business Network’s (FBN) Liz Claman Monday.
As the Federal Reserve meets this week, it's nearly a given on Wall Street that Chairman Ben Bernanke will not be presiding over the Fed at this time next year.
The Securities and Exchange Commission announced that Greenwich, Conn.-based hedge fund advisory firm Level Global Investors has agreed to pay more than $21.5m to settle charges that its co-founder, who also served as a portfolio manager, and its analyst engaged in repeated insider trading in the securities of Dell Inc. and Nvidia Corp.
Nomura has announced St Giles Trust as its new London Charity Partner.
BP profits outperformed expectations by almost $1 billion in the first quarter of 2013 thanks in part to the high margin nature of new production that came on stream at the end of 2012 and a strong performance from its trading division.
Under intense security and privacy, 12 people are gathering in Washington DC to make decisions that could change the lives of everyone in the US – and much of the rest of the world.
A former foreign exchange trader at Lloyds Banking Group has accused the bank of making him redundant because he was a whistleblower after he raised concerns about the unit, including about a currency trade for supermarket Tesco.
With the wild swings in the country's stock market showing no signs of abating, Beijing's attempt to put a lid on volatility has been ratcheted up a notch, with a senior official at the securities regulator tasked with propping up the stock market being placed under investigation on Wednesday.