James Harris 'Jim' Simons (born 1938) is an American hedge fund manager, mathematician, and philanthropist.
Joseph Vincent Battipaglia, a well-known and respected Wall Street strategist, passed away suddenly Thursday. He was 55.
New York – Citigroup Inc. has reported first quarter 2011 net income of $3.0 billion, or $0.10 per diluted share. Net income declined $1.4 billion from the first quarter 2010, but more than doubled sequentially.
The Wall Street Journal reports that Germany's WestLB, which almost collapsed during the financial crisis 'has accepted European Union demands that it reduce its balance sheet and operations, with the lender expected to cut 80%' of its 5,000 staff.
London - The Fulham Chronicle reports that Tom Wilson, a broker over at Numis Securities, turned hero earlier this month when he saved the life of a suicidal man who had jumped into the River Thames at Hammersmith to end it all.
Bank of America's first-quarter earnings were out Friday, and although the bank posted its first profit in three quarters, Q1 earnings fell 36% to $2.05bn on the same period last year.
The Annual Global Accelus Survey by Thomson Reuters GRC polled more than two thousand senior governance professionals, compliance officers and legal counsel who manage risk everyday for their companies, and survey data indicate that today’s rigid regulatory environment may be stifling economic growth.
UBS has officially opened the Hong Kong Campus of the UBS Business University at Li Po Chun Chambers in Sheung Wan, Hong Kong.
Breaking News - A New York-based reporter, working undercover in Goldman's executive suite for the last several months, has filed a report that finally lifts the lid on how Goldman Sachs manages to prosper in good years and bad, and reveals the sensational secret that the firm's leaders never wanted made public.
CHARLOTTE – Bank of America Chief Executive Officer Brian Moynihan has made several announcements concerning the executive management team, to be effective after a planned transition period of several months.
HSBC is suffering “horrible reputational damage” as a result of the exposure of the systematic aiding of tax avoidance in its Swiss subsidiary, the bank’s chairman has conceded before MPs.
The nascent industry of bitcoin derivatives got a high-profile boost on Wednesday, as a London-based trading platform was launched by ex-employees of some of the world's leading investment banks.
Two more suspended at RBS.