JPMorgan has hired former senior UK regulator Clive Adamson to advise it on regulatory affairs in Europe, it said on Friday.
With $4.8 trillion in assets - or about the size of Japan’s economy - no one manages more money than BlackRock. So, it’s worth paying attention when the firm says it’s time to cast aside its trusted models for assessing risk in bonds.
Deutsche Bank co-Chief Executive Anshu Jain will receive no severance pay and no compensation for working as an adviser to the bank in the six months after his departure, German media reported on Sunday.
Goldman Sachs, which called for reform of high-speed stock trading before Michael Lewis’s 'Flash Boys' spurred an outcry last year, is diving back in.
Dragon Oil has agreed a £3.7bn takeover after its suitor, Dubai-based Emirates National Oil Company, raised its offer for the business.
Majestic Wine is considering scrapping its minimum six-bottle purchase as the new chief executive, Rowan Gormley, seeks to revamp stores and revive the ailing business.
German financial regulator Bafin, which last month completed its review into Libor rigging, criticized several current and former top managers at Deutsche Bank, including outgoing co-Chief Executive Officer Anshu Jain, according to German Spiegel magazine.
Tom Hayes, the former star trader on trial on alleged Libor-rigging charges, promised fees to brokers using so-called 'wash' trades and enlisted the help of other major banks to execute them, according to evidence presented in a London court on Friday.
U.S. Senator Elizabeth Warren shot back at criticism from JPMorgan Chief Executive Officer Jamie Dimon, saying bankers don’t dislike her because she knows too little but because she knows too much.
Several of the biggest fund managers based in London are drawing up plans to move trillions of pounds of assets and thousands of jobs outside of Britain should the country vote to leave the EU in a referendum due by the end of 2017, the Sunday Times said.
Goldman Sachs was named as a defendant in an antitrust case alleging the firm was part of a conspiracy to discourage trading on the plaintiffs’ platform for exchanging swaps tied to interest rates.
The mastermind of an $8bn money-laundering operation that prosecutors billed as the biggest ever got hung out to dry.
UK businesses are increasingly pessimistic about the economy – but hungry to complete deals.