Months after his ouster as CEO of Standard Chartered, Peter Sands is setting up a bookstore in the same district as London’s Arsenal soccer stadium.
The stock market turmoil of the last five days, following weeks of broader declines that have left half of this year's newly listed stocks below their offering prices, could slow the already cooling U.S. market for initial public offerings.
Chill economic winds from China have left the FTSE 100 nursing its worst monthly losses since May 2012 after a week that saw global stock markets shaken by concerns over the world’s second largest economy.
While a lot of investors were hitting the panic button Monday, a Japanese day trader who’d made a big bet against the market timed the bottom almost perfectly and narrated a play-by-play of the trade to his 40,000 Twitter followers. He claims to have walked away with $34m.
Citic Securities fell after a magazine reported that three members of the executive committee of China’s biggest brokerage had been asked to assist police investigating suspected securities trading violations.
The U.S. Treasury on Thursday said it had reached an agreement with UBS for the bank to pay a $1.7m settlement for 'apparent violations' to U.S. sanctions.
Goldman Sachs will increase its presence in Poland in an effort to expand technology services across the globe.
Former Wall Street executive Andrew Caspersen pleaded guilty Wednesday to charges of securities fraud and wire fraud.
Dealmakers facing global turmoil in financial and currency markets since U.K. voters decided to leave the European Union are finding reasons to be positive.
In a surprise move, B. Kevin Turner, Microsoft's COO, is joining hedge fund company Citadel to run its technology-heavy market-making unit.