Deutsche Bank has named Paul Stefanick and Henrik Aslaksen to co-run the firm’s global investment-banking coverage and advisory business as the firm looks to expand in the U.S.
When asked about their broader definitions of wealth, a majority of investors surveyed said it meant "greater security." Ranking a distant second place was "more happiness," followed by "more responsibility" and "more fun." Ranking last was "more stress."
HSBC has named former U.K. tax chief Dave Hartnett to advise a new board committee created to tackle financial crime.
The U.S. Department of Homeland Security urged computer users on Tuesday to disable a common networking technology feature, after researchers warned that hackers could exploit flaws to gain access to tens of millions of vulnerable devices
Jane Wells headed to the California State University at Northridge to interview students about their current sentiments on Apple products.
Michael Dell is seeking majority control of Dell Inc. in a buyout that would combine his 15.7% stake in the company with as much as $1bn of his personal funds, said people familiar with the matter.
BP Exploration and Production Inc. pleaded guilty Tuesday to 14 criminal counts for its illegal conduct leading to and after the 2010 Deepwater Horizon disaster, and was sentenced to pay $4bn in criminal fines and penalties, the largest criminal resolution in U.S. history, Attorney General Holder has announced.
It's a wind down.
There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. Some of the firm's own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.
In the past 10 years, the number of men doing 'pink collar' jobs has doubled. (Not sure what a 'pink collar' job is? Neither were we.)
Taxpayers are handing businesses £93bn a year – a transfer of more than £3,500 from each household in the UK.
The chair of HM Revenue & Customs has confirmed that he gave advice of a “general business nature” to the property tycoons behind One Hyde Park, London’s most expensive luxury flats development, while working at accountancy firm KPMG.
Former Lehman CEO Dick Fuld is selling his 71-acre Idaho ranch, in what is likely to become the most expensive residential property ever sold at auction, according to sources familiar with the transaction.