Nomura, Asia’s global investment bank, announced that it is continuing to strengthen its Investment Banking Division with six recent senior appointments in the Americas, including Head of Equity Capital Markets for the Americas.
Piper Jaffray Companies has announced it has reached a definitive agreement to acquire Simmons & Company International.
VTB Bank handily beat earnings forecasts in the third quarter, as Western countries' sanctions begin to lose their bite, the bank's chairman told CNBC.
Inflation has reached a trough, at least for now.
A former Aviva investment analyst was fined and banned by the U.K. Financial Conduct Authority for mis-allocating trades to funds that would deliver higher performance fees in an effort to boost his profits.
Inflation was negative for a second successive month in October, at -0.1%, as price cuts for food and the fading impact of student fee rises kept a lid on the cost of living.
Revenue at the world's 10 largest investment banks is on course to decline again in 2015 by 2% to $148bn compared to a year ago, although a strong showing in equities will limit the fall, a survey on Tuesday showed.
Banks could face an exodus of crime-fighting staff, as most compliance officers – who are responsible for making sure banks obey the law – want to quit their jobs.
Citigroup equity-trading head Kevin Russell left to become chief investment officer for an 'important client' of the firm, according to a memo sent to the bank’s staff.
UBS has hired Abudy Taha, formerly of Credit Suisse, as a managing director in leveraged-finance and capital markets.
Morrisons is to provide a post-referendum boost to shoppers by cutting the price of more than 1,000 products by an average of 18%.
A relic of failure from the buyout boom is the gift that keeps on giving to Wall Street banks and law firms.
U.S. authorities issued subpoenas to Goldman Sachs for documents related to the bank's dealings with troubled Malaysia state wealth fund 1MDB, The Wall Street Journal reported, citing a person familiar with the matter.