CNBC reports that Goldman's London-based prodigy Jan Sramek has quit his job to branch out on his own.
Deutsche Bank has been sued for more than $1bn by the US government over a Federal Housing Administration scheme.
Red faces over at hedge fund manager Dennis Gartman's place, after the hedgie's much-read investment note, 'The Gartman Letter', Tuesday twice mentioned the killing of 'Obama', rather than 'Osama'
Bruce Jay Wasserstein (December 25, 1947 – October 14, 2009) was an American investment banker and businessman.
BNP Paribas has announced its first-quarter earnings.
Here's an interesting anecdote from William Cohan's 'Money & Power - How Goldman Sachs Came To Rule The World'.
Cantor Fitzgerald CEO Howard Lutnick was interviewed on CBS's 'The Early Show' Monday, expressing how he felt about the death of the man ultimately responsible for the murder of 658 of his firm's employees as a result of the 9/11 terrorist attacks 10 years ago.
Wall Street has joined the chorus backing the groundswell of public opinion which favours New York Governor Andrew Cuomo’s efforts to make gay marriages legal in the state.
It's pretty good being CEO over at Evercore Partners at the moment. The deals are coming in and cash is coming through the door.
Bloomberg reports that Lehman Brothers Holdings is claiming $500m from Barclays, as the bankrupt firm says that the UK-based bank failed to pay all of the bonuses it should have to former Lehman staff when it agreed to acquire Lehman's North American businesses in September 2008.
Britain’s manufacturers have had a good start to the year, with export orders back in positive territory and some firms reporting a pick-up in demand from European customers.
HSBC is to appoint its next chairman from outside its existing management team in a move that would represent a dramatic change to the way Britain’s biggest bank is run.
Billionaire investor Warren Buffett has admitted that “thumb-sucking” over selling his Tesco stake cost $444m (£287.6m), one of the biggest losses in his investment company’s history.