Of the five or six problems that sat atop the desk of Morgan Stanley CEO James Gorman a year ago, only one remains: making sure the bank's bond trading business shrinks to profitability rather than obscurity.
The head of Societe Generale’s Russian unit, OAO Rosbank, was detained in a sting operation along with a senior vice president for demanding a bribe from a company seeking to modify a loan, Moscow police said.
All the big shots turned out for the Robin Hood Foundation gala last night. Guests included Lloyd Blankfein, David Einhorn, David Tepper, Mayor Mike Bloomberg, Larry Fink, Ken Langone, Justin Timberlake and Jessica Biel.
The former head of investment banking for EMEA at Credit Suisse will receive a stock bonus worth about US$45m in today's terms from his new employer over the next seven years, according to a regulatory filing.
A group of burned investors wants Steve Cohen’s SAC Capital to fork over nearly $1bn - cash the hedge-fund giant earned by trading on alleged inside information of drug company Elan Corp.
How will new Manchester United manager David Moyes handle the continent’s most prestigious competition?
One of the oldest and most colourful names on the London stock market is set to disappear, with a recommended offer for industrial group Lonrho.
The Bank of England signalled modestly higher growth this year and a faster fall in inflation, as the governor Sir Mervyn King took a swipe at proposals for a Europe-wide financial transaction tax.
West Ham, Swansea, Cardiff, Stoke and Hull should all be looking at signing Darren Bent this summer.
A round-up of news and views relating to Chelsea ahead of the Europa League final against Benfica tonight.