The next financial crisis is coming, it’s a just a matter of time – and we haven’t finished fixing the flaws in the global system that were so brutally exposed by the last one.
There were 285 individual analysts representing 41 firms singled out for their performance, according to the latest Institutional Investor rankings.
'We are deeply saddened by the sudden passing'.
Wall Street’s surviving fat cats are getting even fatter.
The 12 employees who handled the envelopes were being kept under medical observation.
Former ICAP brokers known as 'big nose' and 'Lord Libor' helped Tom Hayes rig the London interbank offered rate “enthusiastically” over four years, prosecutors said on the first day of the second trial into benchmark manipulation.
Credit Suisse has hired former Standard Chartered banker Richard Kao for its greater China corporate finance team, a source with direct knowledge of the matter told Reuters on Wednesday.
The top Democrat on the U.S. Senate Banking Committee is conducting a wide-ranging inquiry into Wall Street’s compliance with government enforcement settlements, following complaints that banks keep getting in trouble after being punished by regulators.
Morgan Stanley has hired Anthony Armstrong from Credit Suisse as co-head of technology mergers and acquisitions.
Anshu Jain, who stepped down as co-chief executive officer of Deutsche Bank in June after 20 years at the company, said he regrets that its transformation into a global bank didn’t translate into a rising share price.
Bank shares are likely to fall sharply if there was a vote for Brexit and dividend payouts to shareholders would be axed, according to a forecast by City analysts.
The billionaire businessman revealed there had been contact with the Pensions Regulator in recent days, adding (snidely): “The regulator made a phone call - maybe someone bought them a telephone.” However, his comments seem to make it difficult for him not to agree a pensions deal from here.
Unemployment dropped to its lowest rate since 2005 in April, to a level which without the looming Brexit vote would set off interest rate warning bells at the Bank of England.