Twenty-two Goldman Sachs partners left the firm or gave up its highest rank since August, including Jim Katzman, a banker who guided Botox maker Allergan’s $66bn sale to Actavis.
Uncertainty is the killer.
The chances of an early increase in US interest rates are fading fast after news that the world’s biggest economy came to a virtual standstill in the first three months of 2015.
Deutsche Bank is hiring Ed Reardon from JPMorgan to head U.S. commercial-mortgage bond research, according to a person with knowledge of the move.
A former trader convicted three years ago in an insider trading case has been ordered to serve additional prison time after failing to repay money obtained as a result of the trading, British regulators said on Tuesday.
The defence attorney for a former Goldman Sachs programmer accused of stealing the investment bank's high-frequency trading code has asked a Manhattan judge for a mistrial.
Citigroup cut CEO Michael Corbat’s 2014 compensation in part because he failed to stop traders from rigging the foreign-exchange markets, Chairman Michael O’Neill said.
Ryanair has been targeted by fraudsters who took out almost $5m (£3.25m) from its accounts through a Chinese bank.
A woman’s claims that she was assaulted by a former Goldman Sachs Managing Director are filled with inconsistencies that raise reasonable doubt about his guilt, a lawyer said at the end of a trial.
Barclays has been forced to set aside almost another £1bn as it braces for a fine for rigging foreign exchange markets and to pay more compensation for mis-selling payment protection insurance.
JPMorgan’s Swiss unit has hired Matteo Gianini from Deutsche Bank, adding to the lender’s wealth-management troubles there.
Deutsche Bank’s head of Russian operations, Pavel Teplukhin, will step down in August as the bank scales back its local business in the wake of a money-laundering scandal.
JP Morgan Cazenove, the most popular stockbroker for blue-chip companies for the past decade, has lost its crown to Bank of America Merrill Lynch after losing four FTSE 100 clients in the past three months.