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JPMorgan lose private bankers

Departure

JPMorgan private bankers who oversaw $1.2bn are striking out on their own, helped by a Silicon Valley startup with links to secretive big-data firm Palantir Technologies.

C Suisse said to file suit against UBS over poaching staff

Money Roll

Credit Suisse has filed an arbitration claim with the Financial Industry Regulatory Authority alleging that a unit of UBS unfairly poached staff from its U.S. private-banking business over the past several months, the Wall Street Journal reported, citing a person familiar with the matter.

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