Nomura's head of Americas equities trading, Jonathan Larkin, is leaving after about a year at the Japanese brokerage, according to two people with knowledge of the matter.
U.S. banks had $141.3bn in net income last year, the second-best on record behind the $145.2bn total reported for 2006, on non-interest income and lower loss provisions, the Federal Deposit Insurance Corp. said.
JPMorgan’s traders in its investment bank lost money on seven days during 2012, down from 26 in 2011.
According to this info-graphic from Kaplan International, in 10 years time we will be eating insect sandwiches, wearing wooden t-shirts, sitting in a pilotless plane, on our way into space for a tour!
VTB Capital has won Global Finance magazine’s annual 'World's Best Investment Banks' awards in two categories: Best Investment Bank in Central and Eastern Europe and Best Investment Bank in Russia.
Goldman Sachs will begin its annual job cutting process as early as this week, sources familiar with the matter said on Monday, with its equities-trading business bracing for bigger cuts than fixed-income trading.
It was just over 18 months ago when I got the phone call. My father, who was 79-years-old, had had a huge stroke, and was in a London hospital, paralysed down one side.
Bank of America has hired Olivier Thiriet from Credit Suisse to head Asia-Pacific equities in Hong Kong, replacing Peter MacDonald, according to a memo obtained by Bloomberg News.
Bloomberg Markets April issue has an excellent profile on Bank of America CEO Brian Moynihan.
Royal Bank of Scotland CEO Stephen Hester is being pressed by the U.K. government to sell more assets and bolster capital as the Treasury tries to recoup some of its $68.9bn investment in the bailed-out lender.