Bank stability is an ever-more pressing concern for the world’s companies and investors.
As Thomas Hughes prepared to run Gleacher & Co in 2011, he vowed to cut costs and transform the brokerage into a 'substantial force'. Now the stock is down 66% as he grapples with losses and worker defections.
Carlyle Group co-founder David Rubenstein spoke with Bloomberg TV's Cristina Alesci in Berlin, Germany Monday. Rubenstein said that buyout firms will put "much more" money to work this year as deals pick up.
Morgan Stanley lost money in its trading businesses on 37 days last year, down from 64 days in 2011 and the fewest since 2007.
BlueCrest Capital Management LLP is in talks to hire former Nomura executives Jonathan Larkin and Christian Dalban, according to a person with knowledge of the matter.
So Marissa Mayer thinks too many Yahoo employees could be deadbeats because they "work" from home, and their absence may be one reason the company's lost its way. So I decided to conduct an experiment and work from home for one day.
Should he stay or should he go ?
Lord Turner, chairman of the Financial Services Authority, has hit out against the "computer game" mentality of the trading floor as he revealed the regulator's internal report into Libor rigging could highlight the need for more whistleblowers.
Saudi billionaire Alwaleed bin Talal’s Kingdom Holding Co which bought a $125m stake in Chinese online retailer 360buy Jingdong Inc. this month, said it identifies its own deal targets instead of using advisers.
The Securities and Exchange Commission has charged a pair of hedge fund managers and their Connecticut-based advisory firm New Stream Capital with lying to investors about their fund’s structure and financial condition before it failed during the financial crisis.
It’s job done as far as Britain’s banks are concerned.
Tay Associates has been named the Best Recruitment Secretarial / PA firm 2015 by readers of global website HITC, for a record sixth-year in a row.
Citigroup delivered quarterly earnings that topped analysts' expectations on Thursday, its highest quarterly profit in eight years as restructuring efforts and cost cuts paid off and legal expenses plunged.