Kweku Adoboli, who was jailed for seven years for a trading scam that cost the Swiss bank UBS £1.5bn, has been banned from working in the City of London.
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.
Goldman Sachs , one of the world's biggest investment banks, gave credibility to a deal dubbed the "unacceptable face of capitalism" by U.K. lawmakers and "underplayed" their role in negotiations, according to a critical report by MPs.
Mizuho Financial Group is hiring for bond underwriting on Wall Street, emboldened by winning a bigger slice in managing deals since adding bankers from Royal Bank of Scotland in 2015.
Deutsche Bank’s John Cryan will try to convince investors this week that his efforts to turn around Europe’s biggest securities firm will succeed. It’s a narrative that’s becoming harder to sell.