Jefferies Group is making more changes to the investment-banking division that manages relationships with private equity firms, according to people familiar with the matter, following the departure of the group’s global head, Adam Sokoloff, in March.
The European Union's banking watchdog will move from London to another European capital if Britain decides to quit the bloc in a referendum this week, its chairman said in an interview published on Sunday.
Jacob Gottlieb’s Visium Asset Management, the once high-flying hedge fund firm that at its peak managed $8bn, is shutting down four of its remaining hedge funds after one of its star managers was arrested and accused of insider trading.
HSBC will pay $35m to end private U.S. antitrust litigation claiming that it harmed investors by conspiring with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates.
Leonardo DiCaprio has been ordered by a judge to give testimony in a lawsuit surrounding 2013 comedy The Wolf of Wall Street.
Banks and stock exchanges are warning clients of difficult, volatile trading conditions in financial markets, flagging the risk of large gaps in pricing of assets when Britain votes next week on European Union membership.
It's not easy leaving an empire and trying to build another one, but Janus Capital Lead Portfolio Manager Bill Gross said it's something he had to do.
Royal Bank of Scotland is in talks to sponsor English cricket as it looks for ways to promote its NatWest brand in England and Wales.
Things aren't expected to get better for IPOs this year, but 2017 is ramping up to be a great year, EY's Jackie Kelley said.
Citigroup hired Takaaki Kato from Morgan Stanley as co-head of equity markets in Japan, its latest effort to bolster its stock trading business in the country.
Deutsche Bank's Asia Pacific wealth management head Ravi Raju is leaving to join UBS, a source with direct knowledge of the move told Reuters on Tuesday, the latest senior departure from the bank in the region.
The biggest acquisition in the asset-management industry this year began with a casual conversation between chief executive officers in February about how firms in Europe will be forced to charge their clients for managing money.