Gary Baker, Bank of America’s head of European equities strategy, is being replaced by John Bilton amid a reorganization of the firm’s research department, said three people with direct knowledge of the move.
More than one in four (28%) HR directors admit that they have no formal process in place to deal with stress and anxiety for employees, according to a survey by OfficeTeam, a leading recruitment agency specialising in administrative staffing.
There will be no demerger at Barclays.
Who is to blame for Facebook’s initial public offering ?
Non-systemically important banks are Europe’s “real” problem - and that is why even the smallest bank in the euro zone must be under European Central Bank (ECB) supervision, Michel Barnier, the European Commissioner for Internal Market and Services, told CNBC.
Some folks think bankers SHOULD live in caves.
Morgan Stanley Smith Barney is said to have made around 20 changes to its IT platform in an effort to convince financial advisers to stay the course and remain at the firm.
Antony Jenkins, the new boss of Barclays, has made it clear that he would not break up the bank by carving off the investment banking business from its high street operations.
A jury was sworn in at Southwark crown court on Monday to hear the case of Kweku Adoboli, a City trader who is accused of causing £1.4bn of losses for his former employer, Swiss bank UBS.
Japanese Financial Services Minister Tadahiro Matsushita has died, an aide at his regional office said. He was 73. Police are investigating the possibility of suicide, a police spokesman said.
Few men ever master Wall Street. Jimmy Lee did.
BNP Paribas was sued for unfair dismissal by a former executive caught up in a probe of dollar-clearing operations that led to a record fine against the bank.
Imperial Capital Group, the brokerage and investment-banking firm, has hired Andrew Gold as a managing director to oversee sales and trading of emerging markets credit.