Barclays wants to remain a big player in investment banking even though the British bank is cutting costs and jobs in that business.
The world will get smaller.
Morgan Stanley is under fire for selling a mortgage related security that employees joked might be named 'nuclear holocaust' or 'subprime meltdown.' Do we really want to force investment banks to adopt financial paternalism ?
Barclays CEO Antony Jenkins has told CNBC in Davos that the bank was too aggressive and too self-serving in recent years, as it seeks to put the manipulation of Libor and other scandals behind it.
Citigroup CEO Michael Corbat discussed compensation, growth and underperforming assets with Bloomberg TV's Erik Schatzker at the World Economic Forum in Davos.
Morgan Stanley CEO James Gorman spoke with Bloomberg Television's Erik Schatzker from the World Economic Forum in Davos, Switzerland Wednesday.
A British judge forced Barclays to identify top executives alongside traders linked to a probe into rate fixing, naming ex CEOs Bob Diamond and John Varley and current Finance Director Chris Lucas on Thursday despite requests for anonymity.
The Bank of America Board of Directors has appointed Arnold Donald, a former chairman and chief executive officer of Merisant Co., and Lionel L. Nowell III, a former treasurer of PepsiCo Inc., as new directors. The appointments are effective immediately.
A federal judge in Dallas has approved a controversial plan to claw back millions of dollars from some investors in Allen Stanford's $7 billion Ponzi scheme.
The message to George Osborne from the International Monetary Fund could scarcely have been clearer. It's time to think about a plan B.