Deutsche Bank director Georg Thoma’s decision to step down after criticism that he went too far in probing potential wrongdoing raises concern that the bank’s board cannot investigate itself, according to a shareholder advisory group.
Hedge fund boss Paul Marshall is set to make a large donation to the campaign for the UK to leave the European Union.
UBS is introducing a new organizational structure in its flagship wealth management business in a move which aims to cut costs by hundreds of millions of dollars, according to a memo seen by Reuters.
Goldman Sachs’s Dalinc Ariburnu is leaving the firm and being replaced as co-head of sales for fixed-income, currencies and commodities by Jim Esposito.
Centerview Partners hired Stuart Smith as a partner in the health-care team from Credit Suisse, according to people familiar with the matter.
In less than seven days, hedge funds have been subject to a three-pronged attack by some of the biggest names in finance.
Credit Suisse’s shareholders should reject the bank’s pay proposals, Swiss remuneration crusader Thomas Minder said at the annual general meeting in Zurich on Friday.
JPMorgan shareholders should support a proposal to consider an independent chairman, proxy adviser Glass Lewis said.
The London jobs market could be showing signs of a post-referendum slowdown, according to a tracker of nationwide job vacancies.
Melissa Tuttle, who was promoted in 2014 to global head of equity trading at Pacific Investment Management Co, has left the company, according to spokesman Michael Reid, the most recent exit from the firm’s stocks division.
Standard Chartered expects it will remain under U.S. supervision for several more years over lapses in Iran-related anti-money laundering efforts because it needs more time to improve its internal standards, sources with knowledge of the matter said.