Jason Haas and David Levin, Deutsche Bank's top U.S. healthcare investment bankers, have resigned to join Barclays and take leading roles in its healthcare practice, according to people familiar with the matter.
The number of City financiers who took home more than €1m jumped to nearly 3,000 in 2014, with one earning up to €25m that year.
UBS is hiring investment banker Joseph Hershberger from Credit Suisse, where he was a managing director and global head of asset management banking, according to a company memo.
Deutsche Bank’s Paul Achleitner has won support to stay on as the firm’s supervisory board chairman from one of its biggest investors, former Qatar Prime Minister Sheikh Hamad bin Jassim bin Jabr Al Thani.
House prices across the country continue to surge. Data published by the Land Registry this morning shows the average UK property price was £190,275 in February, a 6.1 per cent climb on the same month last year.
Bank of America has reportedly instructed its senior staff to avoid using the word Brexit in conversations with clients.
The crisis in the British steel industry is the result of four big trends in the economy over the past 40 years.
Tata Steel is set to pull out of all its UK operations, including Port Talbot, in a move that could put thousands of jobs at risk.
The Bank of England has muttered for so long about the possible dangers lurking in buy-to-let lending, the most excitable end of the housing market, that it had to do something.
Out of work and charged with what federal prosecutors describe as a brazen fraud.
Wells Fargo CEO John Stumpf has been invited back to Capitol Hill next week and the investigation is just beginning, Rep. Hensarling says.
The Federal Reserve and the Office of the Comptroller of Currency have joined investigations into JPMorgan’s hiring practices in China, according to people familiar with the matter.
Mutual fund performance has been improving lately during what has been on otherwise awful year.