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.
Whatever the organisation, history and structure make a difference.
Bloomberg Businessweek's Claire Suddath reports on a possible hangover cure.
Houlihan Lokey, the independent merger-advisory firm, filed for an initial public offering as a surge in dealmaking increases demand for boutique banks.
Worldwide announced Small-Cap M&A deals valued up to $50 million (including undisclosed value deals) totaled US$70.8 billion in the first half of 2015 – a 10.8% increase year-on-year.
Barclays’ new chairman John McFarlane has a reputation as a tough guy in the City.