Bank of America on Monday announced it will allow shareholders to vote on a change in bylaws that gave Brian Moynihan the duel role of CEO and chairman.
Rail giant BNSF Railway was Berkshire Hathaway's biggest purchase ever in 2010 at $34 billion, and is currently the largest entity in its portfolio to date. So is there a lot of pressure to perform when you're reporting to Warren Buffett himself ?
'(The bank) must either lay out a commitment to a full service, independent investment bank or choose to downsize it more dramatically'.
Things aren't always what they seem at first glance-and these are the logos to prove it.
Deutsche Bank has named Dixit Joshi global head of prime finance, replacing Murray Roos, who was hired by Citigroup, according to a person with knowledge of the moves.
More than seven years after the global financial collapse, regulators and investors are still working through an epic pile of lawsuits and other civil actions, collecting settlements, fines and other penalties for a long list of wrongdoing.
The German government has blocked a plan by Commerzbank to pay bonuses to its top staff worth double their basic salary.
The City watchdog is scrutinising a series of complaints over manipulation of a key contract used to price savings products and mortgages.
The U.S. Securities and Exchange Commission, which polices public companies’ financial reports, lacks internal controls over its own accounting, a government watchdog said Thursday.
Shares of LinkedIn plunged after the company released lowered guidance for the year. The company reported earnings per share of 57 cents on revenue of $638 million for the first quarter of 2015 on Thursday.
The forthcoming EU referendum is weighing heavily on the London luxury property market, prompting buyers and sellers to postpone decisions until after the 23 June vote, according to the estate agent Knight Frank.
Nomura has announced plans to establish a new Asia Infrastructure Project Office to expand and develop its Asia platform.
Peg Reed knew she was called 'Miss Bitch' on the desk when she was trading currencies on 1980s Wall Street.