Early demand for beach holidays has kept easyJet on course for increased profits despite French air traffic strikes and a fire at its Rome airport base.
The global Exchange Traded Fund (ETF) industry has overtaken hedge funds, as investors have been lured by the products ultra-low costs and large range of indices.
'The downsizing or exit from areas such as long-dated rates, securitized products, structured credit, commodities and emerging markets needs to be accelerated'.
Palm Mason has been named the Best IT Recruitment firm 2015 by readers of global website HITC.
Where will the new leaders of Europe’s top securities firms scale back to increase returns ? If the second quarter is any guide, their bond-trading operations could bear the brunt.
Goldman Sachs is upgrading its Sigma X dark pool, winding down a retail market-making operation and hiring an executive for Europe as the bank overhauls its equity electronic-execution business.
The former chief operating officer of Barclays is setting up his own investment firm, three years after the Libor scandal prompted his resignation from the bank.
Scott Wede, Barclays’ New York-based global securitized-products trading head, is retiring more than a decade after joining the British bank as foreign lenders used a wave of hiring to become competitors in the U.S. bond business.
Gregg Lemkau, co-head of global mergers and acquisitions at Goldman Sachs, spoke with Bloomberg Television's Stephanie Ruhle and Erik Schatzker about the outlook for corporate dealmaking.
Quiet trading floors are set to depress global investment banks’ second-quarter revenue 24%, with the underwriting and equities businesses facing the biggest drops, according to analysts at JPMorgan Chase & Co.
Bonus pools could decline by as much as 20% for some Wall Street workers this year, with incentive pay falling at almost every type of financial-services firm, according to compensation consultant Johnson Associates Inc.
Getting paid to manage money may soon be less restrictive at BlackRock than at JPMorgan Chase under a U.S. proposal that could make it harder for Wall Street banks to compete for talent.