Joe Baratta, Blackstone’s top private equity dealmaker, can’t be too cautious right now.
Deutsche Bank promoted Ashley Wilson to a newly created role overseeing stock trading for Europe, the Middle East and Africa, reshuffling an equities business it’s trying to build as it shrinks in other areas.
The German government has denied it is considering injecting billions of euros into beleaguered Deutsche Bank, following reports from a German newspaper it was preparing an emergency rescue package.
Wells Fargo’s CEO John Stumpf, struggling to quell a scandal and demands for management accountability, plans to offer House lawmakers the same apology he gave Senators last week.
The market for initial public offerings has had a year it would rather forget as it tried to deal with global political uncertainty, but a new report estimates that a strong bounce-back in activity is expected in 2017.
'Being very tough on the 2016 bonus pool and requiring the forfeiture of unvested shares could be helpful'.
'And if they stink, I don't want the son-of-a-bitch around me'.
A former Barclays executive Justin Bull said he was "uneasy" suspending traders accused of foreign-exchange manipulation in an internal probe, the second time he’s expressed sympathy for former employees caught up in the allegations.
Wells Fargo executives will forfeit millions of dollars in the wake of revelations that the bank’s sales quotas led to the creation of more than 2m unauthorized accounts.
Nicholas Michael Bonacci, a former mortgage-bond trader at Morgan Stanley, was fined by the Securities and Exchange Commission and suspended from the industry for a year for misleading customers about the value of the securities they were buying, causing them to pay more.
PwC has become the latest big name to raise concerns about the implications of the technological revolution on inequality, economic growth and unemployment.
Women working in investment banks have among the worst chances of success from IVF treatment, but teachers are the most likely to conceive, new data has revealed.