The most senior of five former Barclays bankers accused of manipulating Libor rates forced junior traders to do his dirty work for him, prosecutors said.
To the surprise of exactly no one, Wells Fargo played down talk of expansion in its investment banking business during this week's investor day presentations.
Credit Suisse has named Brent Patry vice chairman, acquisition and leveraged finance capital markets.
If you think America's wealthy don't know what it's like for the average person, think again.
Barclays raised severance packages for a second time since it asked about 100 equity employees in Tokyo to leave the firm in January, people with knowledge of the matter said.
The G7 leaders have issued a joint declaration in which they warn that Britain leaving the European Union would be a threat to the global economy.
A Portuguese-backed consortium is closing in on a deal to rescue BHS and its 11,000 employees.
The $2.9tril hedge-fund industry may lose about a quarter of its assets in the next year as performance slumps, said Tony James, Blackstone’s billionaire president.