The buzz in financial circles is that two fallen bank stars - former Citigroup CEO Vikram Pandit and Barclays boss Bob Diamond - are plotting their returns soon after being booted from their respective banks.
Goldman Sachs, the world’s top-ranked mergers and acquisitions adviser this year, has named Gregg Lemkau co-head of global M&A and Gilberto Pozzi head of M&A in Europe, the Middle East, and Africa.
Renaissance Capital cut a quarter of its Moscow research team, less than three months after billionaire Mikhail Prokhorov wrested control of the investment bank from co-founder Stephen Jennings, two people wirh knowledge of the matter said.
A unit of New York Life Insurance Co. issued a $1.5bn collateralized debt obligation named after a Northern sky constellation in April 2007. The deal burst when it defaulted less than a year later.
Mary Jo White, President Barack Obama’s nominee to lead the U.S. Securities and Exchange Commission, said she will avoid some matters involving firms including JPMorgan Chase, General Electric Co. and Deloitte & Touche if confirmed by the Senate.
The alarm went off at 6am as usual. But I just couldn't get up. The thought of dragging myself into work was too much for me, but I knew I had no choice. If you didn't show up the day after bonus day, everyone knew that you were pissed and that you didn't get paid out.
Can this be real ?
Former Bank of America Corp managing director Johnny Williams is joining UBS AG as vice chairman for the Americas, according to a memo obtained by Reuters.
We know that the Barclays traders were trying to manipulate Libor but in ways that were unlikely to work. And in actuality, these attempts don't seem to have been effective, perhaps not ever.
Poll of older-generation Republicans finds distaste for gaming.
In a bid to remove the distractions of home and cafes, some freelancers and entrepreneurs are turning to office space sharing.
A majority of companies believe a British exit from the EU could harm them but only 7% would be willing to speak out publicly against “Brexit”, according to a survey of FTSE-350 firms.
A marathon overnight negotiation between Greece and its creditors remained unresolved on Monday morning after European leaders confronted Alexis Tsipras, the Greek prime minister, with a package of austerity measures which entailed a surrender of fiscal sovereignty.