Worldwide M&A activity pushes toward all-time record, hits $3.5 trillion, up 39%
'For new CEOs looking to cut and kitchen-sink costs, it’s an easy call to reduce headcount'.
Goldman Slashed ?
A year that started with such promise is headed for a sour ending.
Harvey Schwartz found himself in a familiar position Thursday on Goldman Sachs Group Inc.’s earnings conference call with analysts: preaching patience on fixed-income.
Deutsche Bank board member Stephan Leithner, once a rising star at the company, is leaving to join private equity firm EQT Partners AB as Germany’s biggest bank reshapes its strategy and businesses, according to people with knowledge of the situation.
Galleon Group founder Raj Rajaratnam, who is serving an 11-year prison term for insider trading, and his hedge fund have been sued by his younger brother for $13.5m he claims is owed him in unpaid commissions and legal costs.
Deutsche Bank, Europe’s largest investment bank, plans to sell its U.S. private-client brokerage, according to people briefed on the matter.
Bank of America CEO Brian Moynihan said that even if Wall Street reforms were scaled back by politicians, he wouldn’t change how he runs the company, including the extra capital the firm holds.
London's status as the world's financial technology – or fintech – hub could be under threat should a Brexit occur, lawyers, venture capitalists and start-ups have warned CNBC.
The blue-chip FTSE 100 index could fall to lows not seen since 2011 if the UK votes to quit the EU, UBS analysts have warned.
A CNBC review of email search software found programs that monitor for conduct, which could be simply embarrassing or costly for a corporation.