The London Evening Standard had an interesting quote from former Lehman International CEO Jeremy Isaacs Tuesday, who was speaking about what happened to his old firm (he left before Lehman filed for bankruptcy).
Mr Deputy Speaker,
Here's something for all you big bonus bankers.
UBS, for so long the firm that everyone had to beat in Asia-Pac, is in danger of 'running out of steam' - just at the very time when the region looks likely to be leading the way in terms of a recovery from the global downturn. That's according to sources who have spoken to the Financial Times.
UK Chancellor George Osborne is to officially open Nomura's new London European HQ building at One Angel Lane on the 4th April, which should be home to around 3,800 staff by the end of the year.
Reuters reports that Germany's top appeals court has ruled against Deutsche Bank in a case involving damages relating to the sale of interest swaps to a mid-sized corporate client.
Jefferies Group, Inc. has announced financial results for its fiscal first quarter ended February 28, 2011.
The Financial Services Authority (FSA) has published its business plan setting out its priorities for 2011/12, and the implications for the FSA’s budget.
Man Group plc ("Man") has agreed to sell its c.25% interest in BlueCrest to BlueCrest for $633m. Man’s investment in BlueCrest dates from 2003, and will generate a pre-tax profit on disposal of around $250 million.
BNY Mellon has announced a 44 percent increase in its quarterly dividend and plans to repurchase up to $1.3bn worth of shares through the end of 2011.
Bernard Madoff is insisting he acted alone in his epic fraud, according to new emails from the convicted Ponzi scammer.
In the wake of the Swiss franc's surge, some of the food prices around town in Davos are proving to be a little hard to stomach. Thanks SNB!
The risk of a sovereign default in Greece has increased after the anti-austerity Syriza party won Sunday's snap elections, analysts say, noting that anxiety over the possibility that Greece will exit the euro zone will keep global markets nervous.