Tube strike blues ?
Google hired Timi Ajibola, a U.S. mortgage-bond strategist at BNP Paribas, to help manage its investments as technology giants deal with growing cash hoards.
As the New York stock exchange entered a second hour of non-trading on Wednesday, an increasing numbers of traders emerged to take in air or enjoy a quick cigarette break.
JPMorgan will pay $166m and change credit-card collection practices after regulators found that the bank used abusive tactics to collect debts, the Consumer Financial Protection Bureau said on Wednesday.
Alcoa delivered quarterly earnings on Wednesday that missed estimates, but it reported a beat on revenue.
PepsiCo said Wednesday Chief Financial Officer Hugh Johnston will be named to the added position of vice chairman.
Mac the knife strikes again.
Major lenders will be the largest beneficiaries of shock changes to the bank levy announced by George Osborne following sustained lobbying by the industry.
The New York stock exchange reopened on Wednesday afternoon after a more than three-and-a-half-hour shutdown caused by a still unexplained “internal technical issue”.
U.S. venture capital firms had a knockout second quarter this year, raising a collective $10.3 billion for 74 funds, according to a report.
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.
Two more bankers joined a list of currency traders suing their employers in London following $10 billion in fines dished out by regulators in the wake of the foreign-exchange scandal.