JPMorgan Funds will liquidate its Japan Market Neutral Fund after investor withdrawals from poor performance, according to letter to investors, a copy of which was obtained by Bloomberg News.
According to Wealth-X, these universities produce the most billionaires.
European banks either sold or begun working on deals to dump more than €100bn of bad loans in the first half of the year.
'A number of these institutions are looking to pull the lever of cost, and that relates to headcount'.
The British banker accused of murdering of two women, one found in a suitcase on the balcony of his luxury Hong Kong apartment and the other inside with neck and buttock wounds, attended a pre-trial hearing on Thursday ahead of his October trial.
Bonus pools for many Wall Street traders and dealmakers this year may not shrink as severely as expected just a few months ago, according to compensation consultant Johnson Associates Inc.
What does the typical billionaire look like? We dove into the Wealth-X report to find common characteristics.
Goldman Sachs is bolstering a team of strategists who help develop products for institutions and wealthy clients based on computer-learning technology, one of the fastest growing units in the investment-management division.
The world’s biggest hedge fund, Bridgewater Associates, said it had resolved a harassment claim filed against it by an employee who recently left the firm.
Mizuho International, the London based securities and investment banking arm of Mizuho Financial Group has recently hired a number of FIG professionals into its European Debt Capital Markets business.
The pound has sunk to a three-year low against the euro on worries over the UK’s prospects outside the EU, after the government set a timetable for Brexit negotiations and fanned fears it would go for a deal that leaves Britain excluded from the single market.
Wells Fargo is guilty of “egregious corporate behavior”, Hillary Clinton said while speaking at a rally in Ohio on Monday. Her speech came on the same day as Illinois became the second state to cut ties with the bank.
The U.S. Justice Department's potential fine, which could be as high as $14 billion, is just one step in a much more arduous journey, Raoul Pal tells CNBC.