Goldman Sachs added the offering and auction of securities, as well as 'when-issued trading', to a list of activities that regulators and other government bodies are investigating.
Exchange-traded funds took the heat for the latest market "flash crash," but BlackRock CEO Larry Fink said Tuesday they shouldn't be blamed.
Here's 13 reasons interviewees give for seeking a new job at a rival firm.
Goldman Sachs CEO Lloyd Blankfein is continuing a busy schedule while battling cancer, his top deputy said Tuesday.
Deutsche Bank plans to appoint North America equities head Thomas Patrick to run the firm’s global stock-trading business, a person with knowledge of the decision said.
McDonald’s is to launch a premium range of burgers in Britain to head off growing competition from rival chains such as Five Guys and Shake Shack.
The bonuses of City executives should be linked to whether or not they meet targets for the number of senior women appointed at a firm, according to a government-backed report.
Never believe a big bank that boasts that its culture is so different: its lending principles conservative, its business immune to the traditional banking vices of over-confidence, over-expansion and bad behaviour.
Royal Bank of Scotland’s most senior American investment banker, Bob McKillip, is set to leave the bank as it completes a wind-down of unwanted U.S. operations, said a person with knowledge of the matter.
After dipping well below $200 in January, bitcoin traded at more than $410 Tuesday afternoon.
President Francois Hollande’s government will have to go beyond current efforts on tax if it hopes to attract banking business to Paris in the wake of the U.K. decision to leave the European Union, BNP Paribas Chief Executive Officer Jean-Laurent Bonnafe said.
Bank of New York Mellon appointed Marleny Cheshier as a senior wealth manager in its Newport Beach wealth management office.
Barclays profits slumped in the first half of the year as new chief executive Jes Staley pressed on with plans to restructure the bank and retrench from Africa.