BNY Mellon has announced the appointment of Michael Cole-Fontayn as its new Chairman of Europe, Middle East & Africa (EMEA).
Well, well, well. Who'd have believed it.
Markus Walder, former head of Credit Suisse's North America Offshore Banking unit, Susanne D. Rüegg Meier, a former manager with the firm, and Andreas Bachmann, a former banker at a subsidiary of Credit Suisse, together with Josef Dörig, the founder of a Swiss trust company, have been charged with conspiring with other Swiss bankers to defraud the United States, the Justice Department and Internal Revenue Service (IRS) announced today.
Here's Thomson Reuters Investment Banking Weekly Scorecard.
Here's the EU statement on the second Greek bailout.
Morgan Stanley reported net revenues of $9.3bn for the second quarter ended June 30, 2011 compared with $8.0 billion a year ago.
Reports that UBS Investment Bank has imposed a formal, across-the-board hiring freeze are false.
Brooklyn - Kings County District Attorney Charles Hynes has announced a 144-count indictment charging a Sheepshead Bay escort service, High Class NY, with running a high-price prostitution and drug ring that earned more than $7 million in three years. And CNBC reports that, according to the authorities, many of the clientele were Wall Street professionals.
Preet Bharara, the United States Attorney for the Southern District of New York, announced Wednesday that Danielle Chiesi was sentenced to 30 months in prison for her participation in insider trading crimes with, among others, Raj Rajaratnam, the former head of the Galleon Group family of hedge funds.
Wells Fargo & Company has announced an agreement with the Board of Governors of the Federal Reserve that resolves allegations arising from an investigation into internal controls at its former Wells Fargo Financial unit. The bank will pay some $85m in civil penalties.
Wait for it.
HSBC Holdings, Banco Santander, Lloyds Banking Group and BNP Paribas held on to their top positions in SNL Financial's new league table of Europe's 20 largest banks by market capitalization.
HITC is looking for an internet-obsessed football lover with a wicked sense of humour to create laugh out loud share-worthy content for our social media channels.