It was going to be like joining Goldman Sachs - without going attending all the interviews.
Deutsche Bank was hit with the Federal Reserve’s first major fine for failing to ensure traders abide by the Volcker Rule’s ban on risky market bets - and will pay even more for letting currency desks chat online with competitors, allegedly revealing positions.
Around 1990 I was appointed to a subsidiary board of the Norwich Union Group (now Aviva) and was one of the first women to become a director there. That much was obvious because, in the hallowed Marble Hall that provided the board room and senior executive offices, there were no facilities for women. And, at my first board meeting, the chairman assumed that I was there to take notes.
Citigroup on Thursday named David Chubak as head of global retail banking and mortgage for the Global Consumer Bank.
Regulators must end an "excessive reliance" on mega-fines for banks, Bank of England (BoE) governor Mark Carney said today.
Former business secretary Vince Cable has slammed “obscene in the extreme” legal costs of defending former RBS executives in a case brought by shareholders.
Barclays plans to recruit more than 20 staff this year to bolster its European equities trading business as Chief Executive Officer Jes Staley continues to back the investment bank while rivals retreat, according to two people familiar with the strategy.
A new study has highlighted the health benefits of cycling to work.
Virtu Financial on Thursday said it agreed to acquire and KCG Holdings in an all-cash deal valued about $1.4 billion.
The long-awaited report on Royal Bank of Scotland’s business turnaround unit should be published within a year, the boss of the City watchdog has said.
Another day, another grisly story of changing markets, bank shrinkage and the constant news of likely job losses.
Morgan Stanley reports better-than-expected quarterly results, bolstered by strong performances from its trading and investment banking businesses.
While shareholder groups largely stuck to criticism of Credit Suisse’s pay plans even after the bank backtracked, its revised proposals won over at least one of its biggest investors.
Citigroup has appointed Carmen Haddad to rebuild its Saudi Arabian business more than 10 years after losing a key banking license in the kingdom, according to people familiar with the matter.
Peter Benoist, the former head of US distressed trading at Barclays, has set up Oakland Capital Partners to provide growth capital and management support to small businesses, according to sources.
A federal judge has dismissed the remaining charges against a former JPMorgan Chase investment banking analyst accused of engaging in an insider trading scheme, after a jury in February largely acquitted him.
BlackRock's Larry Fink calls himself a big music fan, but an interview reveals he's more than just a fan.
Value for money ?
Here's an oldie but goodie sent in by one of our readers:
JPMorgan Chase CEO Jamie Dimon was in a good mood on Thursday.
Credit Suisse, the bank trying to restore confidence in its trading businesses, heralded its first-quarter results as “an improvement,” “excellent” and “resilient.” Not everyone’s convinced.
JPMorgan Chase is ramping up its Australian equities business with the hiring of three former Goldman Sachs bankers.