One of the world's largest investment firms believes the financial system is overly leveraged.
Where do you go after a senior position at Merrill Lynch ? How about the restaurant business ?
The head of JPMorgan's audit committee acknowledged on Thursday that the bank had made mistakes and said it has tried to learn from them.
Britain's challenge to European Union rules capping bankers' bonuses is likely to get bogged down in court long beyond their implementation, and critics say it is more about pleasing domestic voters unimpressed by the loss of powers to Brussels.
Mizuho Financial Group’s lending unit was penalized by Japan’s banking regulator for failing to take steps to end more than two years of transactions with 'anti-social' groups.
JPMorgan, the bank that lost almost $2bn during Chrysler Group’s 2009 bankruptcy, is now its chief advisor as the automaker’s two owners haggle over its value.
Moelis & Company has announced the appointment of Zhang Xiuping as Managing Director and Head of Asia M&A.
The boss of America's biggest bank, JP Morgan, was on Thursday personally negotiating a new financial settlement with US regulators over allegations stemming from the way the bank sold sub-prime mortgage bonds before the banking crisis. The settlement could reach a record $11bn (£7bn)
The Securities and Exchange Commission has charged the longtime accountant for many of Bernard Madoff’s oldest and wealthiest clients for his role in the creation of false books and records used in the massive Ponzi scheme.