Moelis & Co, Sumitomo Mitsui Banking Corporation , and SMBC Nikko Securities Inc., a wholly-owned subsidiary of SMBC, has announced that they have signed an agreement to strengthen their existing business alliance, and for SMBC to invest approximately $93m in Moelis & Company.
Preet Bharara, the United States Attorney for the Southern District of New York, has announced a partial settlement of the civil fraud lawsuit the United States filed against the Bank of New York Mellon that will require BNYM to reform certain business practices.
Boston - State Street Corporation has full-year and fourth-quarter 2011 earnings.
Even though it's bonus season, it's job loss speculation that's hitting the headlines again.
Walid A. Chammah, the chairman of Morgan Stanley International, is retiring, according to a memorandum sent on Tuesday to employees and seen by The New York Times.
Here's a few links to some interesting Bloomberg and New York Times stories currently doing the rounds.
Washington, D.C. – The Securities and Exchange Commission has charged an investment advisory arm of UBS with failing to properly price securities in three mutual funds that it managed, resulting in a misstatement to investors of the net asset values (NAVs) of those funds.
It was in the lates 1970s, and Goldman co-senior partner John Whitehead was addressing the firm's internal annual investment banking conference.
China's craze for bitcoins has been well-documented over the past year, but a new report highlights just how dominant of a player the country is.
Recent speeches by Bank of England policymakers have focused on the power of the central bank to influence inflation.
U.S. officials say Commerzbank carried out transactions with U.S.-sanctioned entities in Iran and Sudan.