U.S. Target M&A activity hits $2.0 trillion up 48% compared to a year ago
He shares a 90-square-foot cell with an accused murderer and a drug trafficker.
Mark Malik, a New York hedge fund manager who allegedly faked his death and likened himself to a werewolf to intimidate an investor, may have been 'desperate' and 'immoral', but he did not commit a crime, his lawyer said Tuesday.
Sympathy in the trading community over such gaffes is typically in short supply.
A former trader's tearful fiancee begged a judge for leniency saying he is 'no monster' after a court heard he took cash intended for a racehorse trading scheme and lost it due to his gambling addiction.
Credit Suisse won’t be setting profit targets at its shrinking investment bank as it seeks to reduce risk-taking at the unit.
Goldman Sachs has raised $1.3bn for its second Petershill fund that buys stakes in hedge fund firms, beating its initial target, according to a person with knowledge of the matter.
The clock is ticking for American tax dodgers around the world after BNP Paribas’ Swiss unit and two other banks joined a U.S. program to avoid prosecution, revealing the exact methods of Swiss bankers’ legendary discretion.
Houlihan Lokey has announced that J. Andrew Koecher has joined the firm as a Managing Director and Head of the Transaction Advisory Services (TAS) practice.
William Dobson, who helped lead U.S. loan trading at Deutsche Bank, has left the company, according to people with knowledge of the matter.
The leading British banker at Goldman Sachs has apologised to MPs after he revealed that the bank was approached by Sir Philip Green about offering a £40m loan to BHS when it was bought by Dominic Chappell.
Deutsche Bank, Barclays and 11 other foreign banks have spent several billion dollars in the past three years complying with a new Federal Reserve rule that will trap capital in the U.S. and boost costs.