The misery for Deutsche Bank continued this morning as shares continued to slide to fresh record lows.
The goal in hiring is to find the right person to fill the right position.
Wells Fargo CEO John Stumpf stands to walk from the bank with $123.6m in severance and stock value if he retires from the bank, which is still reeling from a scandal where hundreds of thousands of accounts were inappropriately opened for customers.
A bubble in the bond market is nearing a “dangerous situation” as asset-buying programs by central banks keep pushing up prices, Aberdeen Asset Management Chief Executive Officer Martin Gilbert said.
Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years.
Bank of America agreed to pay a total of $15.5m in fines to settle charges by U.S. regulators and exchanges that lapses in its Merrill Lynch unit's risk controls disrupted trading in 15 stocks, leading to "mini-flash crashes."
London now has the second most over-valued property market in the world, beaten only by Vancouver in Canada, according to a new “Bubble index” compiled by Swiss bank UBS.
It’s a tough market.
Commerzbank aims to cut around 9,000 jobs in the next few years and will scrap its 2016 dividend as part of efforts to reduce costs in the face of negative interest rates, a source close to the bank's supervisory board said on Tuesday.
Deutsche Bank shares plunged to a new record low today, dropping 7.5 per cent to close at €10.55, prompted by reports in Focus magazine over the weekend that German Chancellor Angela Merkel has ruled out state assistance for the bank.
Worldwide announced Mid-Market M&A deals valued up to $500 million (including undisclosed value deals) totaled US$649.8 billion for the first nine months of 2016, a 3.5% decrease year-on-year.
Worldwide announced Small-Cap M&A deals valued up to $50 million (including undisclosed value deals) totaled US$111.6 billion in the first nine months of 2016 – a 1.1% decrease year-on-year.
One of the world’s fastest-growing trading shops doesn’t have any traders.