UniCredit has announced changes in its Corporate and Investment Banking activities to further improve the quality of service to its clients.
Macquarie Group ('Macquarie') has announced that Ken Savio will join as a Senior Managing Director and Head of Macquarie Securities in the United States, effective May 16, 2011.
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) has announced that it has fined Wells Fargo Advisors, LLC of St. Louis, $1 million for its failure to deliver prospectuses in a timely manner to customers who purchased mutual funds in 2009, and for delays in reporting material information about its current and former representatives, including arbitrations and complaints involving its representatives.
Edward Francis Hutton (September 7, 1875, New York City - July 11, 1962, Brookville, Long Island, New York) was an American financier and co-founder of E. F. Hutton & Co.
It's not been a good week for Deutsche Bank so far.
BBC reports that the jury in the trial of hedge fund billionaire Raj Rajaratnam will have to start its deliberations again, after one of the jurors had to be dismissed from the case for medical reasons 6 days into the decision-making process.
The results of Euromoney’s 2011 annual benchmark survey of the global foreign exchange industry are in.
The Securities and Exchange Commission has charged UBS Financial Services Inc. (UBS) with fraudulently rigging at least 100 municipal bond reinvestment transactions in 36 states and generating millions of dollars in ill-gotten gains.
The FT / IFC Sustainable Finance Awards, the major global awards for environmentally and socially responsible banking and investment, have attracted a record 187 entries from 161 institutions in 61 countries.
Bloomberg reports that UBS Financial Services has been ordered to pay a former sales assistant $10.6m, after a Kansas City, Missouri, jury found that she was sexually harassed by a senior work colleague and then fired for complaining about his conduct.
Deutsche Bank swung to a profit after legal charges dropped and the investment bank posted fourth-quarter earnings that exceeded analysts’ estimates on higher trading revenue.
Nomura's profit unexpectedly surged to the highest in almost two years, upending analysts’ estimates for a decline as fees from investment banking and asset management rose.
When a director sells, other investors often decide to follow suit.