Hires 18 Investment Representatives across eight offices in the US
Almost two years ago, Level Global Investors LP and Diamondback Capital Management LLC were among four hedge funds raided by the Federal Bureau of Investigation as part of a nationwide crackdown on insider trading.
The hits are coming thick and fast now.
ING Groep NV, the biggest Dutch financial-services company, will cut 2,350 jobs in its banking and insurance units after reporting a 64% drop in third- quarter profit.
BNP Paribas said third-quarter profit more than doubled after it posted higher revenue at the investment-banking unit.
Commerzbank has won the chance to appeal a U.K. court ruling forcing it to pay about $64m in bonuses to 104 Dresdner Kleinwort bankers.
Citigroup received requests for information from the Monetary Authority of Singapore related to probes into the rigging of key benchmarks used to set loan rates.
Christos Bagios, a former banker at UBS and Credit Suisse arrested amid a U.S. crackdown on offshore tax evasion, pleaded guilty to helping Americans cheat on taxes from 1993 to 2009.
Stress. It’s rife in the City at the moment and it’s no wonder with continuous news of redundancies.
Barack Obama, the post-partisan candidate of hope who became the first black U.S. president, won re-election today by overcoming four years of economic discontent with a mix of political populism and electoral math.
HSBC has been fined a record 40 million Swiss francs (£27.8m) by the Geneva authorities for “organisational deficiencies” which allowed money laundering to take place in the bank’s Swiss subsidiary.
Dishing out blunt "commandments" to the bank's new summer interns.
Christian Bittar, a former senior trader at Deutsche Bank, tried to hire Thomas Hayes from UBS, Hayes told U.K. prosecutors in 2013.