No wonder it's difficult to get candidates with good quant skills. Enjoy!
Citigroup joined its largest rivals in signalling higher revenue from trading in the year’s final months after the U.S. presidential election prompted investors around the globe to shift holdings, roiling markets.
Bernie Madoff speaks.
Bank of America doubled the number of internal referrals that advisors in its Merrill Lynch wealth-management unit must make to avoid having their compensation cut.
He may have turned down the idea of being the next Treasury Secretary, but J.P. Morgan Chase CEO Jamie Dimon will lead a team of CEOs who advocate pro-business policies on Capitol Hill during the beginning of Donald Trump’s presidency.
Spend $9 billion. Employ 40,000 technologists. Then add one company with one giant vision.
'Was it only a few years ago when the sky seemed to be the limit ? The deals were coming fast and furious, the bonus pot was building nicely, and expenses were a perk. My, how quickly things changed.
Some of the UK's largest lenders are in "advanced" talks to move to Paris, the head of France's financial regulator has said.
While black swans are inherently unpredictable, Nomura has pointed to 10 potential grey swans to worry about for 2017.
The London jobs market is improving after six months of downturn as demand for permanent staff hits a 10-month high, a new study says.
The self-made billionaire reads about 50 books a year. Here are his favorites from 2016:
A trio of activist investors is targeting big U.S. financial institutions in 2017, demanding they disclose compensation data for men and women, and publish statistics about the race and gender of their employees.
Banks should taper expectations for regulatory change from the Trump administration, the Goldman Sachs executive told CNBC's "Fast Money" on Tuesday.
JPMorgan and Bank of America forecast fourth-quarter trading gains after the U.S. election roiled markets and upended expectations for interest rates and economic growth.
Nancy King, global head of commodities trading at Morgan Stanley, has spent the last few years remodelling what used to be one of the most profitable units on Wall Street, by downsizing and focusing on smaller, smart trades for customers instead of the big, risky bets it used to make on its own account.
When it comes to office parties, no one wants to be that person everyone is talking about the next morning.
And it's great news for many.
Credit Suisse will pay $16.5m to settle Financial Industry Regulatory Authority claims that a U.S. unit violated rules meant to guard against money laundering.
Barclays has joined the list of top banks to exit energy trading, an exodus that analysts say raises concern among oil producers that falling liquidity means they cannot use derivatives for their basic function: to hedge risk by locking in future prices.
Federal Reserve regulators reprimanded Goldman Sachs a second time for flouting lending guidelines in a risky debt deal it arranged for the $4bn buyout of Ultimate Fighting Championship.
BofAML's David Woo says his outlier prediction earned him an unusual tribute when he came to work Nov. 9.
Goldman Sachs’s Lloyd Blankfein said President-elect Donald Trump probably won’t be a dangerous leader, according to an interview in German newspaper Handelsblatt.
Some of Bill Ackman’s employees will be sporting golden handcuffs soon.