Disproportionately larger than rivals.
Wall Street traders are already threatened by computers that can do their jobs faster and cheaper. Now the humans of finance have something else to worry about: Algorithms that make sure they behave.
Ex-Barclays employee YC Ng is a young entrepreneur who founded the world’s first eyewear subscription service Scarlett of Soho. He is the subject of our latest 60 second interview.
A former Goldman Sachs Managing Director accused of rapng a woman at his beach house on New York’s Long Island is betting a judge will be more sympathetic than a jury.
Barclays head of markets Eric Felder is leaving the bank, less than a year after he was appointed to supervise its global sales and trading businesses, according to an internal memo.
UBS has new leaders in its equities business - again.
Global investment banking fees Total US$20.0 billion in Q1, the slowest first quarter for IB Fees since 2012; America fees flat.
Merrill Lynch Global Wealth Management, the wealth management arm of Bank of America, hired seven advisers from Morgan Stanley, according to a statement released on Monday.
UBS went to trial on Monday over $2.1bn in losses that investors incurred on mortgage-backed securities after the collapse of the U.S. housing market.
The amount of borrowed money at big hedge funds is ringing alarm bells with Wall Street’s uber regulator, which made a new push to try to assess whether the $2.9tril industry could threaten the financial system.