Citigroup is in talks to hire Armando Diaz as global head of cash equities trading, according to a person with knowledge of the matter, who asked not to be identified discussing personnel.
A former Deutsche Bank managing director at the centre of the U.K.’s biggest insider trading case said nerves, and the aftermath of a night of drinking, resulted in his misleading answers to police and regulators during his initial questioning in 2010.
Nomura and United Overseas Bank are among the banks considering bids for Barclays’ Singapore and Hong Kong private-wealth business, according to people familiar with the matter.
Guy Hands' private equity firm, Terra Firma, has announced its chief executive is planning to step down.
Bank of New York Mellon must face a lawsuit seeking to hold it liable for causing $1.12bn of investor losses by failing to properly monitor five trusts backed by toxic residential mortgages, a Manhattan federal judge ruled.
Bob Dudley, the chief executive of BP, earned nearly $20m last year – at a time when the company ran up the biggest losses in its financial history and axed thousands of jobs.
US job openings leaped again in February, way above analyst expectations.
Sad to report.
Morgan Stanley has appointed Saher Bin Jung as head of trading for sterling corporate bonds in London, according to a person familiar with the matter.
Well played, Michael Dobson, that was a terrific 14-year innings as chief executive of fund manager Schroders, one of the few grand old City names to flourish in the modern world. A loss-making company in 2001 now makes profits of £600m. Take a bow, have a party and enjoy your retirement.
The pace of layoffs announced by U.S.-based companies rose for a second-straight month in July, as the U.S. energy patch once again shed workers.
The number of people in permanent work fell by its sharpest amount since the recession in July, it was revealed Friday morning.
Anxiety is a normal part of life and it can affect us all in different ways and at different times.