Brexit would be “carnage” for UK fund managers, leaving them battling regulatory hurdles, experts have warned.
CEO Tidjane Thiam is 'very capable' of making the right decisions on which parts of Credit Suisse’s investment bank to keep and which to relinquish, one of the company’s biggest shareholders said.
Currency managers battered by the failure of most major trading strategies this year are switching tactics.
A Los Angeles hospital hit by ransomware swallowed the bitter pill: it paid off the hackers.
The power of mentorship has become pervasive in the business world, and mentors have achieved mythic status. It could be time for a breakup.
The majority of managers at HSBC’s UK retail and wealth group will not receive a pay rise this year, a spokesman for HSBC confirmed this evening, despite the bank U-turning on a policy to enact a pay freeze.
First came the big short. Then, for Milan Patel, came the big long.
And he's been around a long time!
Knight Vinke Asset Management sold its stock in UBS as the activist fund, led by Eric Knight, said it remained concerned about the size of the Swiss company’s investment banking arm.
Deutsche Bank scored higher in the European Banking Authority’s stress test this year than in 2014 in a sign that steps to bolster financial resilience are taking hold despite a tougher examination that took account of surging litigation costs.
Morrisons is to provide a post-referendum boost to shoppers by cutting the price of more than 1,000 products by an average of 18%.
A relic of failure from the buyout boom is the gift that keeps on giving to Wall Street banks and law firms.