02/25/2014
If elected, Goldstein, together with the other 12 nominees, would serve a term of one year until the 2015 Annual Meeting. BNY Mellon Chairman and Chief Executive Officer Gerald L. Hassell is the only management director.
02/24/2014
JPMorgan Chase & Co. prevented a potential split of the role of the chairman and CEO of the bank after entering an agreement with its shareholders
02/24/2014
The German bank will implement the changes mainly by reassigning some operations that are located outside the U.S. to other parts of the business.
02/24/2014
Integrates with and complements the company's Global Risk Solutions capabilities; Meets demand for more transparency and control from institutions investing in hedge funds
02/18/2014
Opus Bank announced today the further expansion of its Merchant Bank, through the formation of its new Corporate Finance Division and its new Private Equity Group.
02/14/2014
Varde the US investment group that at one stage was the controlling shareholder in Crest Nicholson, yesterday announced it had sold half its stake in the housebuilder which floated at the beginning of last year.
02/13/2014
Ryan Crane, a JPMorgan Chase & Co. employee who in a 14-year career at the New York-based bank rose to executive director of a unit that trades blocks of stocks for clients, has died.
02/13/2014
Since the credit crunch, investment banks have been berated by politicians, regulators and the media.
02/13/2014
Lehman Brothers Holdings Inc settled with Freddie Mac a $1.2 billion claim, freeing up millions of dollars which will be available for distribution to the bank's creditors.
02/12/2014
Wall Street power brokers are betting that Greg Fleming will be chief executive of a major U.S. company one day, but no one is quite sure of which one or when.
02/11/2014
Senior bankers at Goldman Sachs siphoned $77m in bonuses after they exercised options that were awarded to them during the height of the financial crisis.
02/10/2014
JPMorgan Chase & Co. is offering $390 million of non-performing loans as banks including HSBC Holdings Plc and Regions Financial Corp. increasingly look to sell troubled mortgage debt.
02/07/2014
Detroit won’t take legal action for now against Bank of America Corp. and UBS AG over a costly swaps deal, even after canceling a forbearance agreement it reached with the banks in July.
02/07/2014
New York Merger Bankers Lead Ranks Earning More Than $1 Million
Senior investment bankers in the U.S. earn more than their peers in Europe and Asia, making $1,025,000 a year on average
02/05/2014
Lazard said on Wednesday that its profits rose 35 percent in the fourth quarter
02/04/2014
In winning this prestigious award, Oppenheimer was recognized for its work in helping Ahern to successfully navigate the Chapter 11 process to refinance its existing indebtedness and negate a competing plan of reorganization from its junior creditors, p
02/04/2014
It comes as competitors such as UBS, Credit Suisse, Barclays and Deutsche Bank are reducing staff and capital in their fixed income units in an effort to cope with falling revenues, stricter capital rules and a costly move towards electronic trading.
02/04/2014
The bank said in a regulatory filing that the resignation was not "a result of any disagreement with the company, the board or management."
02/04/2014
Today, Crédit Agricole CIB goes live as a market maker for US Treasuries on Tradeweb, a world leader in building and operating electronic over-the-counter marketplaces.
01/31/2014
Stifel to acquire California-Based investment banking boutique
It is an impressive group, with an excellent reputation, in a market we are committed to serving," said Ronald J. Kruszewski, Chairman, President, and CEO of Stifel Financial Corp.