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Guggenheim Partners has slashed personnel at an internal hedge fund that hasn't lived up to its big expectations.
Under pressure from its U.S. regulator, Bank of America has shifted its compliance group from its legal department to its risk oversight group, a source familiar with the matter said.
Deutsche Bank is beefing up its regulatory back bench.
A vote of confidence.
Move the head office, shut 43 stores, cancel 49 new ones, axe the final dividend, cut 30% from central costs, make the pension scheme less generous, flog Blinkbox and Tesco broadband, put Dunnhumby up for sale, and hire a new UK boss from little old Halfords.
'Thoughtless human being'. 'Complete twit'. 'You can't just behave like that in public and expect to get away with it'.
Put yourself in the shoes of Jens Weidmann, president of the German Bundesbank and chief critic of a policy of quantitative easing (QE) for the eurozone.
The Golden Arches is cutting jobs at its headquarters in Chicago.
If you were wondering where four days of your life went last year, you now have the answer: London traffic jams.
A few coveted Ferraris helped offset weakness in other models at a classic cars auction at Amelia Island, Florida, at the weekend.
Bank of America has promoted A.J. Murphy to head global capital markets, succeeding Jim Probert, who’s leaving after two years in the job and more than two decades at the firm.