And the moral of the story is...
John Waldron, who followed David Solomon from Bear Stearns Cos. to build up Goldman Sachs’s leveraged-finance business, is now joining him atop Wall Street’s leading investment-banking division.
Robert Madsen, one of four whistle-blowers in the federal government’s $16.65bn civil settlement with Bank of America, said keeping secret his cooperation with federal prosecutors for nearly four years had not been easy.
JPMorgan will soon issue a report outlining improved controls it has been enacting in the wake of recent missteps, including its role in the 2008 financial crisis, according to a shareholder activist who has seen a draft.
Females who work as investment banking analysts don't keep up with their male counterparts when it comes to landing hedge fund jobs.
When a 17-year-old high school genius in Queen says he made $72m trading, and people believe him, then people don’t understand how finance works.
Hedge funds have managed to weather the market's wild rides over the last two months, posting a performance related increase of $29 billion.
The global initial public offering (IPO) market was on a roll this year, as companies sought to take advantage of the rising stock market and strong investor appetite.
The Financial Services Information Sharing and Analysis Center, or FS-ISAC, ensures that cyberattacks like that suffered by Sony do not hit banks.
Benjamin Lawsky announced changes Thursday to the proposed BitLicense for companies operating in bitcoins or other virtual currencies.
Credit Suisse is under investigation in Italy in connection with a case looking into allegations that the bank helped wealthy clients transfer undeclared funds offshore, Italian judicial sources said on Wednesday.
Senior investment bankers Zubaid Ahmad and Brad Coleman will be leading a new group at Citigroup focused on better serving clients that are private equity firms, hedge funds and sovereign wealth funds, according to a memo seen by Reuters on Wednesday.