Looking at the share prices of Lloyds Banking Group and Royal Bank of Scotland is not a pretty sight for the taxpayer.
Here's the latest from Cityboy
Here's the latest Thomson Reuters Investment Banking Weekly Scorecard.
The Securities and Exchange Commission has charged a Chicago-based management consultant with insider trading based on confidential information about his client’s impending takeover of a Long Island-based vitamin company.
Here's the first conspiracy theory. Greg Smith might not have been a lone gunman after all.
Matt Taibbi has turned his sights on Bank of America.
here's a few links to some interesting Bloomberg, CNBC, New York Times and Reuters stories currently doing the rounds.
Here's the latest from our Highly Placed Professional.
by Cora Currier, ProPublica
Greg Smith was kidding himself if he believed the primary goal of any big investment bank is to serve clients' interests. That charming notion was exploded decades ago.
Bank of America’s chief executive, Brian Moynihan, took a 7% pay cut in 2014, as the giant bank faced mounting legal costs related to government investigations into the sale of mortgage investments leading up to the financial crisis.
Google agreed to pay new Chief Financial Officer Ruth Porat more than $70m after she takes the post in May, putting her among the highest-paid CFOs in the industry.
Whether or not robots are coming for your job, some may soon be living with you.