Andrew Feldstein, who bet against JPMorgan Chase before helping the bank unwind more than $20bn of trades, has emerged as one of the biggest winners among hedge-fund managers profiting from a flawed strategy.
Here's what the smart folk are saying about Barclays CEO Bob Diamond's resignation.
Nomura was dropped as a lead underwriter for state-owned Development Bank of Japan Inc.’s bond sale this month because of its involvement in leaking insider information.
The phrase 'graduate without a future' came into my head while I was lecturing students in the politics society at Birmingham University.
BlackRock has announced that it has entered into a definitive agreement whereby it will acquire Swiss Re Private Equity Partners AG ('SRPEP'), the European private equity and infrastructure fund of funds franchise of Swiss Re. BlackRock and Swiss Re have also entered into a strategic alternative investment relationship agreement, centered on BlackRock Alternative Investors ('BAI'), which reinforces Swiss Re’s current investments in SRPEP products and establishes other future Swiss Re commitments to the BAI platform.
Barclays CEO Bob Diamond has resigned.
Barclays' settlement of about $451m with U.S. and U.K. regulators last week offered the first glimpse of what banks may have to pay to resolve a global probe of interest-rate manipulation. The question now is who’s next.
David Cameron has announced that a joint committee of MPs and peers will investigate the banking industry by the end of the year, in the wake of growing political anger at recent scandals.
One firm has already broken ranks. Will others follow ?
Ex-Citigroup VP Gary Foster was sentenced to 97 months in prison for embezzling almost $23m from the bank, federal prosecutors said.
Bank of America hired corporate-debt trader Deets Sankaranarayan from Goldman Sachs, according to people familiar with the matter.
As more light is being shed into what led to the "flash crash" of 2010, the need for stronger market regulation becomes more apparent, Elevation Partners' co-founder Roger McNamee said Wednesday.
The Bank Workers Charity (BWC) is supporting this year’s 'Depression Awareness Week' campaign, #standupagainstdepression.