Fox Business Network's Charlie Gasparino weighs in on the future of Goldman Sachs.
Investors who bought Facebook Inc. shares expecting a large short-term increase in the stock price were 'naive', Morgan Stanley Chief Executive Officer James Gorman said.
Bloomberg's Adam Johnson reports on Thursday morning's top headlines including Goldman Sachs CEO Lloyd Blankfein will be called to testifiy in the Rajat Gupta trial, JPMorgan may have understated its trading loss because of pricing problems on trades and Talbots is being bought by Sycamore Partners.
Lazard Ltd has announced that Henrique Meirelles, former President of the Central Bank of Brazil, has been appointed Chairman, Lazard Americas, effective immediately.
The Board of Marex Spectron has announced that it has appointed Ian Lowitt as Chief Financial Officer and Global Head of Strategy, subject to usual regulatory approval.
Bloomberg's Gigi Stone reports on Thursday's top news including pricing differences at JPMorgan, Morgan Stanley plans to buy an additional 14% of Smith Barney and Prudential is buying a unit of Swiss Re.
The result was the same, but the difference in style could hardly have been starker.
Epsom will miss the talent and showmanship of Frankie Dettori on Saturday, when he rides at Haydock rather than at the Derby meeting, but racegoers at this high-quality evening meeting enjoyed both to the full.