Hopes of a truce between Athens and its creditors after the Greek referendum’s resounding rejection of the terms of the bailout were fading fast, as European leaders said the gap between the two sides had widened.
'(I was) either the stupidest fraudster ever because I wrote everything down or there was an element of me that genuinely didn't think about it'.
'Our investors have grown impatient given the pace at which we have moved.'
Commerzbank was sued by a director who said she was discriminated against in an environment more akin to a fraternity where she was isolated by discussions held in German, or at bars.
William Anderson, Goldman Sachs’s top activist defence banker, is leaving to join Evercore Partners, according to two people with knowledge of the matter.
Russia’s biggest banks are scaling back their London investment banking ambitions as sanctions curb deal-making and deter clients from trading with them.
Former Goldman Sachs director Rajat Gupta lost his latest bid to throw out his insider-trading conviction and prison sentence, even after an appeals court last year made it harder to prosecute tipping cases.
Citigroup, Morgan Stanley, HSBC and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe led to penalties of more than $10bn.
Hedge fund billionaire Steve Cohen is considering a return to London after beating a retreat from the UK in the midst of an insider-trading probe 18 months ago.
Barclays named KPMG its new auditor, ending a 119-year relationship with PricewaterhouseCoopers amid a British regulatory investigation into the reporting of the bank’s accounts.
UK Target M&A Accounts for 4% of Worldwide Total, Lowest Percentage on Record; UK IB Fees Fall 22%
Stock market flotations by British companies have slumped in 2016 because of fears about the outcome of the referendum on EU membership and the slowing economy.
Two of Abu Dhabi’s biggest banks are in talks to merge, in a move that would create the biggest bank in the Middle East.