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European Banks in Midst of a ‘Multi-Year Transition’ says KPMG

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The third in the series of Evolving Banking Regulation reports from KPMG, analysing the regulatory landscape confronting European banks, concludes that the strategic, operational and change agenda challenges they face have never been greater – and that banks are now in the midst of a multi-year transition.

Why A Wave Of European M&A Could Be Next

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2013's surge in merger and acquisition-related activity is heading for Europe, according to strategists who say the continent has the same essential ingredients in place for a revival in deals as the United States.

SAC Loses $1.68bn From Investors


Investors in SAC Capital redeemed $1.68 billion Thursday, according to people familiar with the matter, a nod to a raft of legal issues that have embattled the hedge fund in recent months since a new government insider-trading case raised questions about founder Steve Cohen's potential involvement in illicit activity.