Barclays Chairman John McFarlane said some observers of the lender have 'jumped to conclusions' about the firm’s strategy if former senior JPMorgan banker Jes Staley becomes chief executive officer.
Credit Suisse no longer wants to act as a market maker for European government bonds, the bank said.
A former trader in Rabobank's Tokyo office testified on Thursday against two former colleagues, citing a 'culture' among the bank's traders of manipulating Libor to benefit their own trading positions.
The U.S. request to extradite London-based trader Navinder Sarao, accused of helping to spark the 2010 Wall Street 'flash crash', is 'false and misleading' because it misrepresented the way markets work, his lawyer said on Thursday.
From time to time, it's especially good to be Jeff Bezos.
If they could do it all over again, almost a third of traders and investment bankers in their prime would pick a different profession.
After Caterpillar posts an earnings miss, CEO Doug Oberhelman said "Our day will come, but it's not right now."
The fast food giant delivered fresh evidence to investors its prolonged turnaround effort is working.
BNP Paribas has named Frederic Janbon to head up asset management, returning the former chief of fixed-income operations to a leadership role after a stint as special adviser.
As business students pack up their belongings after graduation, fewer are listing hedge funds as a top destination, while private equity and startups are becoming more attractive.
UK lenders have shunned the latest offer from the Bank of England for emergency liquidity ahead of the EU referendum, just two days before voters head to the polls.
Credit Suisse CEO Tidjane Thiam said hedge funds are wrong to assume that the bank will have to raise additional capital after the shares touched a fresh all-time low last week, according to two people with knowledge of the matter.