JPMorgan could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month's Brexit vote, bank CEO Jamie Dimon told an Italian newspaper.
The former Tottenham Hotspur manager believes Arsenal man Giroud gets unfair criticism but admits he is not the same calibre as Spurs star Kane.
Citigroup is merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia, the largest region for profit for the business outside North America, according to an internal memo seen by Reuters on Thursday.
Deutsche Bank’s head of foreign exchange and emerging market debt trading, Ahmet Arinc, is leaving the company, according to a memo to staff.
Former Wall Street executive Andrew Caspersen pleaded guilty Wednesday to charges of securities fraud and wire fraud.
Dealmakers facing global turmoil in financial and currency markets since U.K. voters decided to leave the European Union are finding reasons to be positive.
West Ham United were beaten 3-0 by the Seattle Sounders in their first pre-season friendly.
In a surprise move, B. Kevin Turner, Microsoft's COO, is joining hedge fund company Citadel to run its technology-heavy market-making unit.
Legal & General Investment Management (LGIM), the insurance arm of Legal & General, has announced that it has cut the value of its £2.3 billion U.K. property fund by a further 10 percent. The company had earlier made a 5 percent valuation cut as a cautious move in the current market environment.
A former Rabobank Groep trader arrested last year in Australia will plead guilty to U.S. charges that he schemed to manipulate benchmark interest rates, his lawyer said.
Global markets are “overreacting” to the British vote to exit the European Union, UBS’s China head Eugene Qian said, as he called on clients to stay focused on their long-term investment strategies.
As we mentioned last year, the Guardian prefers to wait until the end of the playoffs before handing out our NBA awards.