Morgan Stanley appears to have promoted conflicts of interest in a questionable sales contest that pushed some of their riskiest loans on their richest clients, The New York Post has learned.
Citigroup has hired Goldman Sachs derivatives veterans Dirk Keijer and Quentin Andre for senior sales roles.
UBS France has been placed under investigation over allegations that it intimated a former employee who helped raise flags over potential tax-dodges.
Former HSBC senior credit trader Claus Jorgensen has sued the bank for unfair dismissal after being fired last year.
Jefferies Group, the investment bank owned by Leucadia National, is in talks to lease space at a tower under construction in the City of London, a person with knowledge of the matter said.
Schroders, one of the City’s oldest financial institutions, is facing questions about its corporate governance after elevating its chief executive to the chairmanship.
Wealth management M&A deals grew by nearly 50 per cent last year, according to a new report.
Eric Dobkin, who spent 49 years at Goldman Sachs, will retire after spearheading some of the world’s biggest initial public offerings, including the bank’s own.
Schroders chief executive Michael Dobson is leaving Europe's second largest public investment group after 14 years at the helm.
Deutsche Bank is firmly focused on being a top international corporate and capital markets player with strong roots in Germany, its Chief Executive John Cryan said on Wednesday.
This clearly was a big deal.
Goldman Sachs has been ordered to pay $36.3 million relating to a case in which an-ex employee allegedly used regulatory information to win clients.
Morgan Stanley said an Italian prosecutor may seek as much as $3.21bn over allegations that derivatives the investment bank sold more than a decade ago were improper and unfairly unwound.