Regulators on Friday banned Point72 Asset Management's Steven Cohen from supervising hedge funds until 2018.
Happy new year, investors. US stocks have suffered their worst first week of the year since records began.
The FTSE 100 index fell again on Friday, finishing just under 6,000 to cap off a bad week, as concerns over the Chinese economy continued to weigh.
Sad to report.
'I’m getting too old for this'.
At least $3.8bn forfeited by BNP Paribas for breaking U.S. sanctions will be used to help victims of terrorist attacks, some of whom have waited more than 17 years without seeing a cent.
Credit Suisse gave investors a preview of how it plans to report earnings next month, rewriting five years of financial statements to bring them in line with its new structure.
A U.S. judge on Thursday dismissed a private antitrust lawsuit in which zinc purchasers accused affiliates of Goldman Sachs, JPMorgan and Glencore of conspiring to drive up the metal's price.
UBS’s new Asia head said she’s looking past the turmoil roiling China’s markets in the past six months and expects the country to be a key engine for growth for decades to come.
Barclays’ head of European wealth management, Francesco Grosoli, will take over some responsibilities of Didier Von Daeniken, who previously ran the business in Asia-Pacific, Middle East and Africa, a person with knowledge of the matter said.
Investors took £5.7bn out of UK-based stock market funds last month in the wake of Britain’s vote to leave the European Union, according to latest market figures.
I got fired recently as I breached our firm's drinking policy.
Credit Suisse CEO Tidjane Thiam has at least one investor that keeps betting bigger on his turnaround.