JPMorgan promoted Kurt Simon to global chairman of mergers and acquisitions and is reorganizing its technology, media and telecommunications team.
Typical. You wait years to discover the winner of the great Murdoch succession race, and then you get a fudge.
The International Monetary Fund dramatically pulled out of talks with debt-stricken Greece on Thursday after it accused Athens of failing to compromise over labour market and pension reforms.
Standard Chartered has promised its new boss Bill Winters up to £6.5m in shares to cover any losses he may incur in quitting the hedge fund he was previously running.
'We are spending a lot of time on improving the conduct of our employees'.
As anyone who has worked in the banking industry will tell you, the banking sector is a complicated industry, made up of a vast cross section of society.
Jay Li calls his secret weapon the 'Bane' mask.
Bond guru Bill Gross has benefited from U.S. monetary policy for the last 30 years and is unaware that the environment that made him successful has radically changed, a fund manager told CNBC on Thursday.
Deutsche Bank has named Andrew Tusa as co-head and Neil Collingridge as vice chairman of UK corporate broking.
In a historically bad year for hedge funds, one of their close relatives is thriving.
Morgan Stanley’s fixed-income and commodities business is capable of generating $4bn in annual revenue after the firm cut the operation in recent years amid an industrywide slump, Chief Executive Officer James Gorman said.
Goldman Sachs and an Australian hedge fund agreed to end a $1bn lawsuit over the sale of mortgage-linked securities, including an investment known as “Timberwolf” that became a symbol of the financial crisis after it was cited in internal e-mails released by U.S. lawmakers.